Evolution of Terms Between GPs & LPs
January 25, 2013 | 12:00 - 1:00 pm ET
As the venture industry navigates through this challenging fundraising environment, the balance of power is shifting and so are the terms being negotiated between GPs and LPs. Join NVCA on January 25th to hear how terms are changing, the topics that are dominating fundraising discussions and what you can expect to come up during future discussions with institutional investors.
Topics to be covered:
· The drivers of changing terms
· Fund size and GP contributions
· Management fees and offsets
· Carry splits and distribution methodologies
· GP & LP clawbacks
· Key person and time and attention requirements
· No fault, cause and GP removal provisions
· Conflict of interest that result from deal flow opportunities and transactions within affiliated funds
Our Panel
Malcolm B. Nicholls, III, Partner, Proskauer LLP (moderator)
Liam Donohue, Partner, .406 Ventures
Guy Russo, CFO & Administrative Partner, Canaan Partners
This is a complimentary program for NVCA Members thanks to our sponsor, Proskauer LLP. Non-members may participate for $275.
To Register: Click here
Thank you to our sponsor:
