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The Private Fund Limited Partnership: a new fund vehicle for the UK

Sally Gibson (Debevoise & Plimpton LLP in London, England)
Geoffrey Kittredge (Debevoise & Plimpton LLP in London, England)
Simon Witney (Debevoise & Plimpton LLP in London, England)

Journal of Investment Compliance

ISSN: 1528-5812

Article publication date: 4 September 2017

Abstract

Purpose

To explain the UK government’s long-awaited reforms to limited partnership law.

Design/methodology/approach

This article discusses the key updates to limited partnership law in the UK that the reforms represent and draws some conclusions as to what may lay ahead.

Findings

The article concludes that the new regime is a welcome step and one that should help the United Kingdom to remain competitive as a jurisdiction for global fund formation in the face of competition from other jurisdictions.

Originality/value

This article contains key details on the new limited partnership regime in the UK and guidance from experienced lawyers with specialties in investment management and public and private funds.

Keywords

Citation

Gibson, S., Kittredge, G. and Witney, S. (2017), "The Private Fund Limited Partnership: a new fund vehicle for the UK", Journal of Investment Compliance, Vol. 18 No. 3, pp. 75-78. https://doi.org/10.1108/JOIC-06-2017-0033

Publisher

:

Emerald Publishing Limited

Copyright © 2017, Debevoise & Plimpton LLP