📄 Extracted Text (169 words)
GLDUS133 Georgetown University Endowment
SOF IV ILPA 2 scorecard
SOF IV Key ILPA 2 Principles
Alignment of interest
- Best practice all-contribution-plus-preferred-return-back-first model
- LP favorable clawback provision
- 100% transaction & monitoring fees offset General Partner share
- Manager equity interest in the Fund (minimum of 1% of aggregate commitments)
Governance
- Key man and "for cause" removal provisions protective to LPs' interests
- Supermajority vote of LPs required to reverse automatic suspension of investment period
- No Fault Divorce with 6634% vote of LPs
- Clearly and narrowly outlined investment strategy with appropriate limitations on investment concentration
- Advisory Board best practice set-up
Transparency
- Comprehensive financial reporting
- GAAP and FAS 157 (Topic 820) compliant valuation policy
- General Partner share and carried interest disclosure
- Detailed due diligence provided
LP M limited partner; ILPA = Institutional Limited Partner Asset:titian The full guidelines ran be ruirvi rat Nip/alga orgrprinoiplesiversic-•
Glendower
STRICTLY CONFIDENTIAL
Capital
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093901
CONFIDENTIAL SDNY_GM_00240085
EFTA01389542
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EFTA01389542
Dataset
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document
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