Six points to note about ILPA’s Model LPA

With the help of some lawyers, we dig deeper into the model limited partnership agreement.

First up: the SEC’s enforcement division had a good year by its own estimation, ordering more disgorgements by dollar value than ever before (data snapshot here from Connor Hussey).

Second: we delved a little deeper into ILPA’s Model limited partnership agreement today. If you haven’t had a chance to get into it yet, Philippa Kent, with the help of some lawyers, highlights six provisions that are worth checking out. Tomorrow we will bring you a more GP-centric view of the document, courtesy of Clifford Chance.

Email prepared by Toby Mitchenall.