LPs struggle to confront GP sexual misconduct


private equity, venture capital, sexual harassment, law
  • VC industry unprepared to confront harassment complaints
  • VC firms call on LPs to help address complaints, stop bad behavior
  • LPAs can create uncertainty about how to address issue
Recent sexual-misconduct and -harassment claims have sparked understandable distress among venture investors and their LPs. They’ve also exposed a hard truth: the industry is far from prepared to deal with the aftermath. Limited-partner agreements have clauses for removing offenders and ...
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