Created by: kirb
Number of Blossarys: 2
A clause in the agreement between the general partner and the limited partners of a private equity fund. The clawback gives limited partners the right to reclaim a portion of disbursements to a ...
The division of a company's capital stock into different groups, with each separate class (i.e. group) having specified rights designated in the company's certificate of incorporation. Classes of ...
A bonus of cash or stock given by private equity investors to members of a management group if they successfully negotiate a sale of the company for a price greater than a specified amount.
A company's basic organizational document, filed with the secretary of state in the state of incorporation. The certificate generally reflects the name, location, and purpose of a company; the ...
A clause in the agreement between the general partner and the limited partners of a private equity fund. Once the limited partners have received a certain portion of their expected return, the ...
A share in the profits of a private equity fund. Typically, a fund must return the capital given to it by limited partners plus any preferential rate of return before the general partner can share in ...
Preferred stock whose participating feature is limited so that an investor cannot receive more than a specified amount. See Participating preferred stock.