GI Partners frustrates LPs by switching to deal-by-deal profit sharing

GI Partners, private equity, Calpers
  • GI in market with fifth fund targeting $2.3 bln
  • Moved to deal-by-deal carry structure in new fund
  • Some LPs frustrated by change
The switch by GI Partners, the Menlo Park, California, private equity firm, to deal-by-deal profit sharing on its newest fund has so frustrated some limited partners that they have passed on investing, Buyouts has learned. At least two LPs told ...
ATTENTION, FUNDRAISERS. Don't miss our 10th annual PartnerConnect West on Oct. 9-11 in beautiful Half Moon Bay, California. More than 400 PE, VC and real estate GPs, LPs and service providers are expected to attend for fundraising, deal-making and golf. CLICK HERE FOR DETAILS!

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition


To read a digital copy of our latest magazine

click here

PE News Briefs