A legal entity which operates within the framework of general corporate legal provisions of a respective domicile. The owner's pooled liability is limited.  

A group of LPs who are independent of the GP, but usually selected by the GP and comprised of the largest investors.  Responsibilities include resolving conflict of interest s ...

The right by which an investor is permitted to opt-out from an investment on a case-by-case basis, often as a result of regulatory issues or due to a policy of the Investor that wo ...

The legal sale, assignment, pledge or disposition of all or an undivided portion of an investor’s interest in a fund, including its obligation to make capital contributions a ...

The termination of an investor’s participation in a fund; rights of withdrawal (either mandatory or voluntary) are typically limited to situations where the investor’s ...

The contract between all partners in a limited partnership, defining the terms of the limited partnership including the authority of the general partner and the rights of ...

See Subscription- Backed Credit Facility  

The physical or economic concept pertaining to the time and distance between a land use and support facilities, or between people and their activities.

The ease with which assets can be bought or sold without affecting the price.

The risk that an investment cannot be bought or sold quickly enough to prevent or minimize a loss due to a lack of marketability.