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GP-led transactions: A way for limited partners to get the transparency, analysis, and options they want in complex deals
The portfolio management, liquidity, and value-creation benefits provided in mature-fund GP-led deals appeal to many LPs. (Photo: Bigstock) In response to general partner (GP)-sponsored secondary activity growth, in April the Institutional Limited Partners Association (ILPA) released guidance to the industry on these often complex and conflict-prone transactions.
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