The difference between a general partner (GP) and a limited partner (LP) from below is? A limited partner is restricted in the amount they can invest in the fund, while a general partner can invest as much as they want   The limited partner provides investment capital, and the general partner invests on behalf of the limited partner   The general partner provides investment capital, and the limited partner invests on behalf of the general partner   Limited partners cannot invest in venture capital, due to SEC regulations, whereas general partners have sufficient capital reserves to be exempted

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The difference between a general partner (GP) and a limited partner (LP) from below is?

A limited partner is restricted in the amount they can invest in the fund, while a general partner can invest as much as they want
 
The limited partner provides investment capital, and the general partner invests on behalf of the limited partner
 
The general partner provides investment capital, and the limited partner invests on behalf of the general partner
 
Limited partners cannot invest in venture capital, due to SEC regulations, whereas general partners have sufficient capital reserves to be exempted
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