What to do before taking your investors' money.
A review of equalization payments, interest charges, and management fees
The consequence of becoming a "Defaulting Partner"
The mechanics of getting money from LPs
Common pitfalls in the investment management industry
The key players to successful fundraising and operations
A deep dive into the back-stage world of "side deals"
Strategies for general partners and limited partners
A summary of the most-negotiated deal points
LPAs, PPMs, Subscription Documents, Oh My!
Preferred returns, GP catch-ups, and clawbacks
European (crossed) vs. American (deal-by-deal) waterfalls