PT  - JOURNAL ARTICLE
AU  - Jay S. Rang
AU  - Allen L. Weingarten
TI  - When Limited Partners Default
AID  - 10.3905/jpe.2002.320005
DP  - 2002 Feb 28
TA  - The Journal of Private Equity
PG  - 31--34
VI  - 5
IP  - 2
4099  - https://pm-research.com/content/5/2/31.short
4100  - https://pm-research.com/content/5/2/31.full
AB  - As equity markets continue to struggle, the prospect of having limited partners default on their capital contributions becomes more of a possibility. Many venture capitalists are quite concerned about certain portions of their partnership agreements, such as the flexibility allowed the general partner to make investments, but far less concerned about the penalty provisions in caseof default. This article outlines possible courses of action and discusses which ones make the most sense in different circumstances.