Foley & Lardner partner Todd Boudreau, chair of the firm’s Private Funds & Buyout Practice, contributed an article to the “Seven Habits of Highly Effective Emerging Managers” publication, which was distributed to all attendees at the 2nd Annual ILPA Emerging Manager Showcase. Foley & Lardner associate, Kevin McNiff, was a contributor.
The article, “This Won’t Be Your Last Rodeo: Proper Alignment of GP and LP Interests to Ensure Long-Term Partnership,” focused on the need for emerging fund managers to properly align their motivations with the interests of their funds’ limited partners. “Rodeo,” one of seven pieces written by Showcase sponsors and ILPA, leveraged decades of experience represented by these professionals and focused on the transition of up-and-coming managers to established members of the private equity asset class. This year’s Emerging Managers Showcase was held on November 7 in New York.
“Foley & Lardner has a long track record of advising emerging managers on fund formation and compliance, investment management, fundraising and acquisition and divestiture issues. As a sponsor of the EM Showcase, we were pleased to contribute Foley’s perspective to the ILPA publication and hope the attendees found the chapter on aligning GP and LP interests to be relevant and useful,” said Boudreau.
“The Seven Habits of Highly Effective Emerging Managers” compilation brought together thought leadership from our valued sponsors in a digestible and effective format,” said Greg Durst, Head of Corporate Development for ILPA. “It represented the range of experiences of leading service providers, such as Foley & Larder, who are committed to working within the private equity industry, and focused on key areas where emerging managers can differentiate themselves with limited partners.”
Foley & Lardner was a sponsor of both the 2016 and 2017 ILPA Emerging Manager Showcase events.