March 19, 2015
Most Favored Nations Clauses: Potential Impact on Subscription-Backed Credit Facilities
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To read complete article visit Winter 2015 Fund Finance Market Review
The terms of the business arrangement between a private equity fund (a “Fund”) and an investor (an “Investor”) are generally contained in the constituent documents of the Fund, often a limited partnership agreement (an “LPA”), which sets forth the rights and obligations of the general partner and each Investor.
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