My Notes from ILPA's 2020 Member Conference - Scrutinizing Terms in a Down Market
/ILPA recently hosted a workshop on scrutinizing fund terms during the recent COVID-19 epidemic. Given the sudden and drastic downturn, funds used levers that caught LP’s off-guard. Below are my notes on the biggest takeaways and areas of concerns for LPs
Overall approach
· Are we getting the transparency we need?
· What do we need to be proactive about
· Are there adjustments to be made with new commitments?
· What have we learned through the COVID experience?
Do we have confidence GP's are using the following tools in the best interests of LPs?
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