lpac private equity
lpac private equity
In lpac private equity, the Limited Partner Advisory Committee (LPAC) plays a pivotal role in fund governance. The LPAC acts as a bridge between limited partners (pension funds, endowments, and institutional investors) and the general partner managing the fund. Key responsibilities include approving fee waivers, valuation methodologies, and key-person clauses. For aspiring private equity professionals, mastering LPAC functions is critical, as it impacts fund performance and investor confidence. At Private Equity Bro, we provide insights into LPAC mechanics, helping you build expertise for a successful career in investment banking, private credit, or real estate investing.