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Capital Contributions Private Fund Limited Partnerships (PFLPs)

Dechert LLP

Financial Services Quarterly Report - Second Quarter 2017: A New Lease of Life for Limited Partnerships in the UK

Dechert LLP on

The UK has introduced legislative changes that could reinvigorate the use of partnerships for private funds in the UK. The Legislative Reform (Private Fund Limited Partnerships) Order 20171 (Order), which introduces the...more

A&O Shearman

Private Fund Limited Partnership: The UK’s New Fund Vehicle

A&O Shearman on

With effect from 6 April 2017, the United Kingdom has overhauled its limited partnership legislation to create a new form of limited partnership: the Private Fund Limited Partnership (“PFLP”). The PFLP is designed solely for...more

Seyfarth Shaw LLP

New UK Limited Partnership for Private Funds

Seyfarth Shaw LLP on

On 6 April 2017, a new form of limited partnership came into existence with the introduction of a ‘private fund limited partnership’ (PFLP) under the Legislative Reform (Private Fund Limited Partnership) Order 2017 (LRO). ...more

Proskauer Rose LLP

Limited Partnership Reform – Streamlining the Existing UK Limited Partnership Regime for Private Funds

Proskauer Rose LLP on

On 6 April 2017, changes to the law governing UK limited partnerships will come into effect through the Legislative Reform (Private Fund Limited Partnerships) Order 2017 (the "LRO"). The changes introduce the new concept of a...more

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