More reflections today on ILPA’s “Model LPA” this morning. Specifically that this, like ILPA’s principles, won’t be an overnight success. It will definitely be another arrow in the quiver of investors whenever there is room for negotiation over fund terms … but that is certainly not always the case.
If you want to download the full LPA, you can do so on ILPA’s site here.
Elsewhere, we have five tips to secure your cloud-based data from Agio. “Often firms or their portfolio companies move to a cloud service then investigate how to properly secure their data,” writes Kirk Samuels. “Questions about the data risk and data security should always come first.”
Email prepared by Toby Mitchenall.