Hints and tips:
...This account of a period that another Sequoia investor describes as “the most profound change in the firm’s history” is based on more than 20 interviews with its limited partners, current and former investors...
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
...Additionally, limited partnership agreements seemed to indicate that Apollo should be paying expenses even as the funds and LPs were getting the bills at the time....
...said the head of one Sequoia limited partner, a sovereign wealth fund, who’s weighing whether to reinvest in its next fundraising....
...Major buyout fund managers — from Blackstone and KKR in the US to CVC, Ardian or PAI in Europe — count the Chinese entity among their limited partners....
...The administration does not plan on imposing restrictions on limited partnerships in cases where the contribution that the LP makes is purely financial and the firm does not have any ability to influence...
...said the head of one Sequoia LP, a sovereign wealth fund....
...TPG had a partnership with the credit specialist Sixth Street Partners, which the sides terminated in 2020. Shares in TPG rose 2 per cent on Monday....
...The split also unwinds a partnership that made Shen a billionaire, while enriching Sequoia’s US partners and investors....
...Boardwalk was organised, like many energy infrastructure companies, as a limited partnership....
...Both planes are owned by “limited partnership” entities of which Mohsin and Zuber are the partners. Those entities are managed through the investor services company IQ-EQ....
...Today you are competing and tomorrow you will bring them in as a partner on a deal. It is the new reality.”...
...In October, Vista Equity Partners borrowed $930m using a private placement of debt it sold to a group of US insurers, raising cash at low rates that the firm will invest in its funds alongside its limited...
...One of them makes it a violation of the LP agreement if you talk to other limited partners. That is an absurd restriction....
...Brunswick Group has hired Caroline Dent as a partner based in the Singapore office. She was previously a partner at ECI Partners....
...He will be replaced by Crawford Gillies, a senior independent director on the board. Brunswick Group has hired Tom Deegan as a partner based in Hong Kong....
...As a result, the risk of anything going wrong is limited solely to the equity invested in that particular asset.”...
...On page 136 we are told: “The Limited Partnership Agreements each prohibit the limited partners from advancing claims that otherwise might raise issues as to compliance with fiduciary duties or applicable...
...In the past, Brookfield compared BIP to US Master Limited Partnerships, which pass through dividend income from energy-related assets such as pipelines and gas processing plants....
...KKR ditched its partnership structure last year, months after a smaller firm, Ares, kicked off the trend....
...LPs, and particularly Scottish limited partnerships, are a standard feature in money-laundering scandals....
...PwC and Deloitte, the liquidators, are trying to repay creditors by selling Abraaj’s estimated $1.1bn in assets, including its limited-partnership stakes in the funds being transferred to new general partners...
...The $20bn flurry of deals came after the US Federal Energy Regulatory Commission said it would reduce the tax benefits for pipelines held by master limited partnerships (MLPs) — a type of vehicle that had...
...Concluding every view, brilliantly illuminated, rose the snow-peaks of the Sierra Nevada....
...On Tuesday, three energy infrastructure companies — Williams, Enbridge and Cheniere — each announced multi-billon dollar simplification mergers around their master limited partnership (MLP) subsidiaries....
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