News & Events

x

Benefits of Clawback Testing in Times of Market Volatility

April 9, 2020 We are all currently living through unprecedented times. IEA wants to wish all our clients, colleagues and friends health and safety during this COVID-19 crisis. As portfolio valuations start to reflect global market volatility, General Partners and Limited Partners are seeking further transparency into, and assurance of, their capital accounts.  Both parties can benefit from the inherent Continue Reading...
x

The Rise of the Hybrid Waterfall Fund Structure

April 25, 2019 IEA has seen an increase in hybrid waterfall structures in private equity firms’ Limited Partnership Agreements (“LPAs”). These fund structures are seeking to bridge the alignment gap between General Partners (“GPs”) and Limited Partners (“LPs”). Specifically, GPs are trying to receive some benefits found in deal-by-deal waterfall structures, while maintaining LP protections that the investor community receives Continue Reading...