Accepted Answer
Jan 14, 2024
As a result of global general solicitation rules and best practices, a manager should only share materials with a limited partner that they know and are confident meet the local accreditation or wealth standards. Practically speaking, the manager should have an introductory meeting with every LP first to get to know them. After getting to know a limited partner, then the manager can decide to meet with limited partner again to pitch them or to send the limited partner materials. Managers should only send materials to interested limited partners and avoid sending materials just because an uninterested or curious limited partner requests materials.