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General VC Questions

Does the LPA hold each partner accountable for meeting expectations?

Asked by: Prapthi Bathini
1
0
Mar 20, 2025
1 answer
0
Haw Kuo
Accepted Answer
Mar 20, 2025
Yes - the Limited Partnership Agreement spells out a limited partner's obligations and spells out the fund manager's options should a limited partner fail to meet said obligations (mostly relating to funding and capital calls). 
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