The end of the line: key considerations when ending a limited partnership

Unless a private fund is organised as a permanent capital vehicle, a limited partnership has a limited lifespan that will, one fine day, come to an end. And while the event of termination is less likely to enjoy the acclaim and publicity accorded to fund closings, the termination scenarios represent an important stage in the…

How to close your fund: Part 1 – Five ways to generate momentum

I am writing this in the busy lobby of Amsterdam’s Okura Hotel, the home of SuperInvestor, one of the private equity industry’s most important events. I’m surrounded by fund managers, flanked by placement agents, who are hunting down investors. In order to get enough of these investors to commit to a fund, the manager will…