Launch or restructure your private equity fund with confidence. This professionally drafted template sets out the full legal framework needed for a partnership between a General Partner and Limited Partners to undertake private equity investments.
What’s in this Template
- Comprehensive structure covering formation, purpose, term, capital contributions, distributions, carried interest, management, reporting, dissolution and more.
- Sections written in a clear, modular style so you can adapt or remove clauses as needed.
- Version offered in both Microsoft Word (.docx) and PDF format for easy editing and print-ready use.
- Suitable for use in [insert jurisdiction] with simple adjustments (governing law clause is included).
- Ideal for fund sponsors, institutional investors, family offices, or high-net-worth groups forming a private equity partnership vehicle.
Why Use This Template
- Saves you hours of drafting from scratch — the main commercial and legal terms are already laid out.
- Minimises risk of missing key partnership provisions commonly required in private equity structures.
- Enables faster fundraising: LPs often expect a clear, standard partnership agreement as part of their due diligence.
- Fully editable: you control the terms such as preferred return, carried interest, capital calls, withdrawal, transfers, management fee, etc.
How to Use
- Download the template in your preferred format (Word or PDF).
- Replace all bracketed items ([e.g., “[Partnership Name]”, “[General Partner Name]”, “[Limited Partner Name]”, “[X]% preferred return”, etc]) with your specific details.
- Review each clause: if you operate in a different jurisdiction, update the governing law, currency, termination, and dissolution rules accordingly.
- Optionally tailor further: you may add schedules or exhibits (for example: capital commitment schedule, list of portfolio companies, co-investment terms, side-letter references).
- Have the draft reviewed by legal counsel to ensure compliance with local securities, tax, and regulatory requirements.
- Use the agreement in fundraising, capital-call process, LP onboarding, and governance of your investment partnership.
Important Notice
This template is provided for general information only and does not constitute legal advice. You should not rely on it as a substitute for legal advice from a qualified attorney licensed in your jurisdiction. Before using this agreement, you are strongly encouraged to obtain independent legal review to ensure the document meets your specific circumstances and complies with applicable law.
