Investors may need to consider this, though, in the event of GP bad conduct, misfeasance, or inactivity. Fund contracts, however, often make the removal of a GP extraordinarily difficult to execute, with detailed legal and contractual hurdles that must be navigated carefully.
Reed Smith Partners Edward Klees and Brendan Gallen will be joined by Joncarlo Mark and Eric Green from Upwelling Capital Group to explore the process of GP removal, including mechanisms, methods, and timing. They will also offer a practical guide, including "how-to" and "how-not-to" advice, to help investors approach this delicate issue effectively if and when this might ever become a consideration.
