Partnership Documentation For PE Funds: A UK Decision

Law360, New York (July 26, 2012, 1:56 PM EDT) -- A series of High Court judgments in London have provided a degree of clarity on the extent to which a limited partner in an English limited partnership is entitled to obtain information in relation to a private equity fund and its underlying investments.[1] These judgments are likely to impact contractual discussions between fund managers and limited partners in the key area of investor reporting.

In giving judgment, Norris J considered the extent to which an investor is entitled to obtain such information as a matter of...
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