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          1. ILPA RELEASES CHINESE TRANSLATION OF “PRINCIPLES 3.0”



            August 12 2020, The Institutional Limited Partners Association (ILPA), in collaboration with the Limited Partners Association of China (LPACN) and Jingtian law firm, today released an official Chinese translation of the “ILPA Principles 3.0: Fostering Transparency, Governance and Alignment of Interests for General and Limited Partners” (Principles 3.0). The Principles 3.0 provide best practice guidance for the private equity industry while taking into consideration evolving industry dynamics. These guidelines were formed with input from both limited partners (LPs) and general partners (GPs) and are intended to inform discussions between the two parties as they seek to form partnership agreements and to manage funds.

             

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