Next Document >>10.2.4.a: Note on GP Profit and Sharing:Front End Loaded or Back End Loaded. Deal-by-Deal
10.2.3.d: Note on Borrowing In Advance of Capital Calls
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Abstract
With respect to either a venture or buyout fund investing in privately held portfolio securities, the nightmare of the fund managers, the general partner, is the specter that some investors will not respond to the capital call on a timely basis and, therefore, the fund will either have to reduce its investment in, and/or the purchase price for, the portfolio company … or step aside entirely because it cannot honor its subscription commitment. ...
Next Document >>10.2.4.a: Note on GP Profit and Sharing:Front End Loaded or Back End Loaded. Deal-by-Deal