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What if the LP says no deals for 50 years? These “fund raised X” means nothing if they can’t enforce capital calls
by EGreg 4y ago
What if the LP says no deals for 50 years? These “fund raised X” means nothing if they can’t enforce capital calls
- killjoywashere 4y agoThat should be actionable as a breach of contract, with a notable exception of sovereign wealth funds, which may or may have immunity: https://www.reedsmith.com/en/perspectives/2013/11/capital-call-facilities-basics-challenges-and-oppo https://www.reedsmith.com/en/perspectives/2013/11/capital-ca...