Which of the following is likely to be included in the restrictive covenants in the limited partnership agreement? Group of answer choices a. Max % to be invested in any one portfolio firm. b. Taking debt c. Co-investment by GPs d. Raising another fund e. all the above.
Which of the following is likely to be included in the restrictive covenants in the limited partnership agreement? Group of answer choices a. Max % to be invested in any one portfolio firm. b. Taking debt c. Co-investment by GPs d. Raising another fund e. all the above.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Which of the following is likely to be included in the restrictive covenants in the limited partnership agreement?
Group of answer choices
a. Max % to be invested in any one portfolio firm.
b. Taking debt
c. Co-investment by GPs
d. Raising another fund
e. all the above.
Expert Solution
Restrictive covenants in a limited partnership agreement:
Restrictive covenants in a limited partnership agreement are clauses that limit the actions of the general partner (GP) or limited partners (LPs) to protect the interests of the fund and its investors.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education