HM Treasury has published the final Legislative Reform (Private Fund Limited Partnerships) Order 2017. The purpose of the Order is to introduce a new Private Fund Limited Partnership structure, available to private investment funds which are structured as limited partnerships, such as private equity and venture capital funds. The Order was made on March 29, 2017 and is in substantially the same form as the revised draft published in January 2017. The Order came into force on April 6, 2017.
View the Order.