ILPA represents the interests of
limited partners in private capital funds across the globe.
With more than 850
Limited Partner, General Partner, and Asset Servicer clients in 48 countries, eFront services clients worldwide across all major alternative asset classes.
In the past 11 years LPE has completed transactions involving more than USD 50m in over 300 different partnerships, helping thousands of
limited partners to simplify their finances and escape ongoing tax liabilities.
Finally, if distributions to
limited partners can be made only at the discretion of the general partner (with no minimum distribution requirement), the value of the
limited partners' interests will be reduced accordingly.
* If the partner is a "
limited partner," SE tax applies only to guaranteed payments for services rendered to the partnership [IRC section 1402(a)(13)].
The IRS issued proposed regulations (REG-109369-10) that would redefine "interest in a limited partnership as a
limited partner" for purposes of determining material participation under the Sec.
In addition, the 4G agreement also gives the company the right to require Cellco Partnership, one of the O-P's
limited partners, to purchase all of its ownership interest in the O-P during April 2013 or 2014 for an amount equal to the greater of USD50m or the product of five times 0.081081 times the O-P's EBITDA for the calendar year preceding the exercise of the right.
Back in the U.S., with deal competition intense, buyout houses are striving to distinguish themselves from the competition as they woo
limited partners, court prospective companies and build a track record in niche industries.
Limited partners in a partnership are upset because the general partner won't make a Sec.