Limited Liability Partnership
A Limited Liability Partnership is one which has no General Partners. Each partner is liable only to the extent of their investment. Therefore the Limited Liability Partnership is only liable […]
Carried interest or carry
Carried interest or carry is a term used in the private equity world to describe the performance related fee that a general partner can earn from a successful investment. Often […]
LP
LP is an abbreviation for Limited Partnership
Private equity
Private Equity refers to investments made wholly or mainly in companies that are not traded on a stock exchange. This means that private equity portfolios can be a lot less liquid […]
Hedge Funds
The term hedge fund covers a multitude of different investment strategies. They tend to be structured as limited liability partnerships or companies. A few will allow an investor to enter […]
Waterfall Arrangement
A waterfall arrangement or waterfall payment scheme describes the order in which creditors get paid. Two common uses of the term are within the debt and private equity sectors. In a […]
General Partner
General Partner (often abbreviated to GP) refers to a person or a company that is in partnership with one or more other partners. All general partners in a partnership share equally […]
LLP
LLP is an abbreviation for Limited Liability Partnership