partner who has unlimited liability for the obligations of the partnership. General partnership partnership in which all partners are general partners.
In a partnership, a partner whose liability is not limited. All partners in an ordinary partnership are general partners. A limited partnership must have at least one general partner.
A partner in a VC firm. This is tThe person making the investment decisions and sitting on the boards of portfolio companies.
A partner in a partnership who has unlimited perso... Add a comment
In a limited partnership, the general partner is responsible for managing the partnership's activities (and is commonly the party that put the deal together). His liability to the partnership's creditors is limited.
The entity who is responsible for the management of a partnership. The GP bears full risk for partnership debts and liabilities, while making a small contribution of capital, commonly agreed to be 1%.
A natural person, partnership, corporation or other person or entity in its own or any representative capacity who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement.
One of two kinds of partners in a limited partnership. A general partner has the right to participate in the management of the partnership and has unlimited personal liability for its debts.
In a limited partnership the partner responsible for conducting day-to-day business affairs and controlling management of the partnership.
a class of partner in a partnership. The general partner retains liability for the actions of the partnership. In the private equity world, the GP is the fund manager while the limited partners (LPs) are the institutional and high net worth investors in the partnership. The GP earns a management fee and a percentage of profits (see Carried interest).
The co-owner of a partnership who is liable for all debts and other obligations of the partnership, as well as for its management and operation. Typically, the general partner has control of the partnership business and can make decisions and take actions which are binding on the other partners.
a partner who is jointly and severally liable for debts incurred by the partnership, and who may legally bind the partnership; subject to unlimited liability for partnership obligations
A member of a partnership who has authority to bind the partnership and share sin the profits and losses. A partnership must have at least one general partner and may have more, as well as limited partners.
The partner responsible for management of a business partnership.
The individual or firm that organizes and manages the limited partnership. For example a hedge fund. The GP assumes unlimited legal responsibility for the liabilities of a partnership.
A partner in a partnership who has unlimited personal liability and the right to participate in management.
a partner who has unlimited liability for the obligation of a partnership.
The ‘managing partner’ of a Limited Partnership, who exercises control over the partnership in behalf of the limited partnership, and who has a greater liability than the limited partners.
a fiduciary (essentially the same as a trustee) for the limited partners and can't be forced to act in a manner that is harmful to the limited partners
a partner of a partnership who is personally liable for all partnership debts and is permitted to participate in the management of the partnership
a partner whose personal liability for the debts and obligations of the partnership is not limited
a venture capitalist who manages the fund and makes investments
a venture capitalistwho manages the fund and makes investments
A person who provided Capital Contributions in exchange for an Interest or Interests in the Partnership.
The person or entity in a limited partnership that bears unlimited liability and all of the management responsibility of that partnership.
A partner having specific authority, specific operational responsibilities, and unlimited liability.
The managing partner of a limited partnership, responsible for its operation. The general partner's liability is unlimited.
personally, fully responsible for the liabilities of a partnership.
One or more persons carrying on a business for profit as a partnership or limited partnership, having personal liability for all debts of the partnership, and, if in a limited partnership, having control of operations of the partnership.
A participant who has unlimited liability for the obligations of a partnership.
The managing partner of a limited partnership who possesses
Partner responsible for the management of a business.
A partnership investor who manages the business and assumes responsibility for the partnership's debts and other obligations.
The partner or partners in a general or limited partnership who possess the right to participate in the management of the partnership.
A member of a partnership who has authority to bind the partnership. A general partner also shares in the profits and losses of the partnership. See also “ Limited Partnership”.
A co-owner of a partnership who is empowered to enter into contracts on behalf of the partnership and who is fully liable for all partnership debts.
An individual who actively manages the business as co-owner. He/she has a vote in the management of a company. The General Partner is personally responsible for the liabilities of the partnership.
In a limited partnership, the individual or company aquiring, organizing and managing the investment. (See limited partnership)
The manager of a limited partnership. The general partner may be one or more individuals or a managing entity, such as a corporation.
A partner in a general partnership or a limited partnership who is personally liable for the partnership's legal obligations.
A member of a partnership who has authority to share in the profits and losses. The general partner generally provides all management skills and is responsible for the daily running of the partnership. A partnership must have at least one general partner as well as limited partners.
A partner who has an active voice in management and unlimited liability for partnership debts. Also see Limited Partner.
A "full" partner in a partnership who is personally liable for partnership debts and losses, and who participates in the management of the firm.
In a limited partnership, the GP is the owner or co-owner of the liability for all debts and other obligations of that venture, as well as for the management and operation of the partnership. The GP can have control of the business and can take actions that are binding on the other partners.
A partner who has unlimited personal liability for the debts and obligations of the limited partnership and the right to participate in its management.
The partner in a limited partnership responsible for all management decisions of the partnership. The general partner has a fiduciary responsibility to act for the benefit of the limited partners. The general partner is fully liable for its actions. See: Limited Partner.
The partner in a limited partnership responsible for all management decisions of the partnership. The GP has a fiduciary responsibility to act for the benefit of the limited partners (LPs), and is fully liable for its actions. See Limited Partnership (LP).
The individual or firm that organizes and manages a limited partnership, such as a hedge fund. The general partner assumes unlimited legal responsibility for the liabilities of a partnership.
The party with the general responsibility and liability for a particular limited partnership or other private placement vehicle.
In addition to being used as a title for top-ranking partners at a private equity firm, general partner (or general partnership) is used to distinguish the firm managing the private equity fund from the limited partners, the individual or institutional investors who contribute to the fund.
A partner in a limited partnership responsible for the day-to-day operations of the fund.
The partnership general partner is responsible for partnership management and has unlimited liability related to partnership obligations.
A member of a partnership whose participation, especially in liabilities, is unlimited. Such a member may have his personal assets attached to satisfy a business related liability.
A person who joins with at least one other to own and operate a business for profit -- and who (unlike a corporation's owners), is personally liable for all the business's debts and obligations. A general partner's actions can legally bind the entire business. See also partnership, limited partnership.
Partner in a limited partnership who has the traditional rights and responsibilities of a partner
A member of a partnership with unlimited management authority and liability.
The partner in a limited or general partnership who is responsible for the management and operation of the partnership. The partner also has a fiduciary responsibility to act for the benefit of the limited partners and, ultimately, any debts taken on by the partnership. See: Fiduciary; Limited Partnership
A partner in a business who has unlimited liability.
When a business is a partnership, every owner who holds a share (a percentage) of the company shares in the profits and losses. General partners are responsible for total liabilities.
The managing partner of a limited partnership who is in charge of its operations and has unlimited liability. All partners in an ordinary partnership are general partners. A limited partnership must have one general partner.
The partner in a limited partnership who is directly liable for the liabilities of the limited partnership; the limited partners of a partnership do not have the same liability risk
The general partner is the managing partner of a limited partnership, who is responsible for the operations of the partnership and any debts acquired by the partnership. The general partner's liability is unlimited. See: Limited Partnership
In a direct participation program (DPP) or limited partnership, the individual (or individuals) who manages the venture and who has unlimited financial liability should the DPP fail. | | | B-C | | C-D | D-E | E-F | F-G | G-H | H-I
Usually one of the owners and operators of a partnership, which is a joint business entered into for profit, in which responsibility for management, profits and, most importantly