Partnership Documentation For PE Funds: A UK Decision
July 26, 2012, 1:56 PM EDT
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. 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...