The problem with clawbacks in a downturn

GPs may not like to think about it, but as and when the downturn hits it may not just be portfolio companies they need to worry about. If a GP finds itself needing to pay clawbacks to LPs, will the cash be there? Yes there are escrow accounts in place, but these have their limits, say Meketa Investment Group’s John Haggerty and Blaze Cass in conversation with Private Funds CFO‘s Brian Bonilla.

Email prepared by Toby Mitchenall.