October 14, 2009
Treasury Announces Closings and Releases Draft LPA
Last week the Treasury announced the initial closing of some funds under the PPIP.
The Treasury also released the draft form of the PPIP Limited Partnership Agreement. The draft LPA is similar to a limited partnership agreement which you would be part of traditional hedge fund offering documents but are [...]
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June 30, 2009
Access to Records under the Delaware Uniform Limited Partnership Act
A vast majority of hedge funds are structured as limited partnerships under the Delaware Uniform Limited Partnership Act (the DULPA). The code is very flexible and allows the limited partnership agreement (LPA) to be drafted in a very manager-friendly manner. To the extent that a LPA [...]
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PPIP and Hedge Fund Closings
October 14, 2009Treasury Announces Closings and Releases Draft LPA
Last week the Treasury announced the initial closing of some funds under the PPIP.
The Treasury also released the draft form of the PPIP Limited Partnership Agreement. The draft LPA is similar to a limited partnership agreement which you would be part of traditional hedge fund offering documents but are [...]