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Cornerstone LPA 2.0 agreement specifies that the fund can be dissolved, liquidated, and terminated by the election of the general partner. What are the typical cases making GP to make such a decision? Isn't it too risky for LP leaving it possible to have the fund terminated for any reason by the GP?

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Community Member
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Nov 28, 2023
I wonder what are the provisions in the Cornerstone LPA 2.0 that will protect the LP from unjustified termination, such as LP approval of termination and what is the best industry practice to protect LP rights.
2 answers
Accepted Answer
Nov 28, 2023
Community Member
Nov 28, 2023
My pleasure!
Nov 28, 2023 11:53pm
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