LP capital commitment rule
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Apr 29, 2019 by Sarah Smith · across every show →
Everything said about LP capital commitment rule, oldest first
Apr 29, 2019 negative
Smith: LP capital commitment rules restrict diversity among new fund managers
“LPs do look to new fund managers to commit a certain percent of their own capital to the fund. So if someone's trying to raise a fifty million dollar fund, for example, that could mean that there's this expectation of a one to two million dollar GP commitment,…”