This is a Brand New book in excellent condition. - Format: Paperback
- Author: Tapio Passinen
- ISBN10: 3838335783
- ISBN13: 9783838335780
Private equity funds are significant participants in todays financial markets investing from early stage high-tech firms to later-stage buy-outs and distressed companies. These funds raise their capital mostly from institutional investors who are based in different countries around the world. This study introduces a comparative examination of partnership governance in English and Finnish private equity limited partnerships. At the core of the examination is the question how the decision-making rights in private equity fund should be divided between the general partner the fund manager and the limited partners investors . This study examines only Finnish and English limited partnerships, but the economic non-legal conclusions apply to all the developed private equity fund markets. Other issues covered here are partners contractual liabilities related to their decision-making rights and the restrictions established by partnership law, such as fiduciary duties.
