Created by: kirb
Number of Blossarys: 2
Aither a) the right of a limited partner to invest with a general partner in portfolio companies, or b) the act of investing by two or more entities in the same target company also known as a Club ...
The conclusion of a financing round whereby all necessary legal documents are signed and capital has been transferred.
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 ...