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A limited partnership agreement helps protect your business into the future by outlining each partner's roles and responsibilities, as well as how they share in the business profits. You should use a limited partnership agreement if you want to form a limited partnership or formalize an existing limited partnership.
What does Limited partnership agreement (LPA) mean? Written agreement between the general partner(s) and limited partners to a limited partnership setting out the rights and duties of the partners between themselves.
A typical investment strategy undertaken by private equity funds is to take a controlling interest in an operating company or business?the portfolio company?and engage actively in the management and direction of the company or business in order to increase its value.
What does Limited partnership agreement (LPA) mean? Written agreement between the general partner(s) and limited partners to a limited partnership setting out the rights and duties of the partners between themselves.