Popping up on more investors’ list of demands is quality insurance coverage, writes private equity lawyer Heidi Lawson, who outlines some common mistakes GPs make when purchasing their policies.
As in years past, investors continue to pressure fund general partners for greater transparency, enhanced governance and more performance-based compensation structures. However, they are now also making demands in what would appear to be an unlikely area: insurance coverage.
Originally published in PE Manager on July 9, 2013.
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