Editor’s Letter: Key-person provisions and GP minority stakes: an awkward conversation

private equity
Private Equity Editor Chris Witkowsky reflects at home. Photo by Wendy Witkowsky
Key-person provisions lately are a hotly debated topic, with some GPs setting up several individuals, rather than one or two, as key people on a fund. This has the effect, at least from the LP perspective, of diluting the impact ...

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