Michael Gray, leader of the firm’s Private Equity, Venture Capital & Growth Companies and Fund Formation & Investment Management practice groups, was quoted in the Venture Capital Journal article, “Evergreen funds: Good or bad for LPs?” The article discusses the implications of evergreen fund structures on the relationships between limited partners (LPs) and general partners (GPs). It also examines how these open-ended funds offer flexibility and continuous capital deployment, noting how this could alter traditional dynamics between LPs and GPs, possibly leading to more transactional relationships and affecting long-term alignment and trust.
Read the full article here (subscription may be required).
