Newsletter Kirkland & Ellis LLP

ILPA - Private Equity Principles

In the inaugural issue of Kirkland Brief, a publication addressing current issues relevant to our European clients and contacts, partner Richard Watkins discusses a recent release from the Institutional Limited Partners Association (ILPA) of its "Private Equity Principles," which include its "wish list" for private equity fund terms and highlight several issues on which LPs think GPs have pushed the boundaries in recent years.