The private investment community
primarily consists of venture capital
(VC), private equity (PE) and family
office investment professionals.

Operating Partners align with all three,
but evolved from classic PE buyout
and turnaround firms that have control
investment mandates.

Asia PE funds have trailed EU and
U.S. firms on deal flow, with smaller
transaction size and fewer control
investments – but that is changing.

VC and PE partnerships are typically
structured as ten year closed end
funds, not listed on public exchanges,
focusing on institutional investors.

PE fund managers are called general
partners (GPs), investors are referred
to as limited partners (LPs) bound by
a limited partnership agreement.

Operating Partners can be structured
at both the GP and portfolio company
levels, compensated along side both
management and performance fees.