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Former Abraaj partner: How to mitigate against GP ‘sharp practice’

Ahmed Badreldin, former head of MENA for The Abraaj Group, writes for PEI about his thoughts for LPs on fund due diligence lessons and investor safeguards.

WATCH: Integrity at stake as GPs struggle with data science

Fund managers are not taking advantage of modern intelligence tools that would allow them to do more thorough underwriting, claims Matthias Kirchgaessner, an external advisor at Plexus Investments, at the Germany Forum hosted by sister title Private Debt Investor.

ILPA launches portfolio company metrics tool to help GPs provide info

The template standardizes the request by LPs for portfolio company information, which typically has been customized.

Technology will be key in boosting compliance standards: survey

A poll of 39 fund managers, including limited partners, found that most hold concerns about risk management and decision making at their firms.

What steps to take in removing a GP

LPAs usually contain a clause for removal of the fund manager, either 'for cause' or 'no fault.' Malcolm Nicholls and Kate Simpson, of law firm Proskauer, lay out the negotiation points and the likely effect on economics.

Sofinnova: General counsels need to get dealmakers on side

Armance Bordes, French venture firm Sofinnova’s first general counsel, tells pfm general counsels need to get deal-makers on side and notes how LP demands have become 'harsher' over time.

China’s Yunfeng hires general counsel

Shaolin Luo has joined the firm - set up by tech giant Alibaba founder Jack Ma - from Simpson Thacher & Bartlett in Beijing.

Nordic Capital: AIFMD changes are hampering investment

CFO Klas Tikkanen says the changes being made to the EU's AIFMD regime and broader legal complexity are harming investment and increasing the danger of funds breaching the law.

UK PE lobby group’s report highlights gender diversity problem

The BVCA’s first report on gender equality in private equity found just 6% of senior investment team roles are held by women.

Sofinnova recruits its first general counsel

The recruitment of Armance Bordes from listed investor Eurazeo underscores the growing trend for private equity firms to recruit dedicated in-house legal advisors.

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