The Institutional Limited Partners Association is publishing a deal-by-deal model limited partnership agreement and term sheet to serve as a template for the industry. “We are delighted to release the deal-by-deal model LPA, both for our members, who can have confidence in the balance and transparency it provides and for our industry partners who will […]
Worldwide private equity fundraising hit US$692 billion in 2019, surpassing the asset class’s peak in 2007. Private equity activity trended towards fewer but larger funds seeing commitments from investors, according to a new report by the Callan Institute. Buyout funds, in particular, saw a leap in commitments, jumping to 55.1 per cent of commitments overall […]