Fundamentals
Your friendly guide to investment funds and SPVs.
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Warehoused Investments
General Partner Removal.
Limited Partner Advisory Committee (LPAC)
LP Defaults
Fund Expenses vs. GP Expenses
Fees Paid to GP Affiliates
Management Fees
LP Giveback
Carried Interest Clawback
Mandatory Registration Starts March 1, 2026
Split Waterfalls (Cash Flow / Dispositions)
American vs. European Waterfalls
