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Fundraising

Is Sharing LP Details Expected During Due Diligence from Limited Partners?

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May 03, 2023
During DD from LPs is it expected that we’ll need to share specific details about our current LPs in the fund? We’ve never had to share this previously. They are asking for Investor Name Type of Entity Total Amount Committed Total Paid In. This includes all soft committed investors. (cc: Kenneth Ballenegger)
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Mike Suprovici
Accepted Answer
May 03, 2023
No. You should avoid this. Say something like: out of respect for their privacy we will not disclose this information, and we would not do that with you either should we get a similar request in the future.
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