2. Which LPA provisions are most important for a first-time or emerging GP to understand before accepting LP commitments, particularly around capital calls, fees and expenses, conflicts of interest, indemnification and removal/key-person provisions?
2. Which LPA provisions are most important for a first-time or emerging GP to understand before accepting LP commitments, particularly around capital calls, fees and expenses, conflicts of interest, indemnification and removal/key-person provisions?