Steven Richman Discusses Shift in Ongoing Dynamic Between LPs and GPs in Buyouts

Buyouts quoted Steven Richman in its article, “Time and patience are the ace in the hole for LPs,” on February 1. Richman discussed the shift in the ongoing dynamic between Limited Partners and General Partners, with the former rediscovering leverage as a result of the sluggish market.

“In some instances, certain aspects of the negotiations seem to be evolving as driven more by GP counsel legal side who then check in with the business principals, as opposed to the business principals driving the negotiations and then instructing their lawyers.”

You can read the full article here.