The Full Wiki

More info on Institutional Limited Partners Association

Institutional Limited Partners Association: Wikis

Advertisements

Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.

Encyclopedia

From Wikipedia, the free encyclopedia

Institutional Limited Partners Association (ILPA)
Institutional Limited Partners Association Logo
Formation 1990s
Type Trade association
Purpose/focus Private equity
Membership 200+ institutional investors

The Institutional Limited Partners Association (ILPA) is a trade association for institutional limited partners in the private equity asset class.

The ILPA was founded in the early 1990s.

Contents

Membership

Members of ILPA include public and corporate pension funds, endowments, foundations, insurance companies. According to the ILPA, its membership totalled more than 200 investors representing over $850 billion in private equity investments. Examples of members include CalPERS, CalSTRS, Canada Pension Plan, the Ontario Municipal Employees Retirement System (OMERS), Lockheed Martin pension plan, the Regents of the University of California, the Florida State Board of Administration, the Massachusetts Pension Reserves Investment Management (MassPrim) and Ontario Teachers' Pension Plan.[1]

The limited partner investor universe in private equity is highly fragmented and individual investors, even the largest investors, often have limited ability to negotiate the terms of the individual private equity funds to which they commit. ILPA's education and networking functions allow greater communication and collaboration between investors. ILPA was actively involved in discussions centering around the aboption fair value accounting under of FAS 157.[2][3]

ILPA Private Equity Principles

In September 2009, ILPA released a set of guidelines, the Private Equity Principles[4], intended to provide a common set of terms which institutional limited partners could use as the basis for negotiation with [[private equity firms|fund managers].[5]

References

See also

External links

Advertisements

The Institutional Limited Partners Association (ILPA) is a trade association for institutional limited partners in the private equity asset class.

Members of ILPA include public and corporate pension funds, endowments, foundations, insurance companies. According to the ILPA, its membership totalled more than 200 investors representing over $850 billion in private equity investments. Examples of members include CalPERS, CalSTRS, Canada Pension Plan, the Ontario Municipal Employees Retirement System (OMERS), Lockheed Martin pension plan, the Regents of the University of California, the Florida State Board of Administration, the Massachusetts Pension Reserves Investment Management (MassPrim) and Ontario Teachers' Pension Plan.[1]

The limited partner investor universe in private equity is highly fragmented and individual investors, even the largest investors, often have limited ability to negotiate the terms of the individual private equity funds to which they commit. ILPA's education and networking functions allow greater communication and collaboration between investors. ILPA was actively involved in discussions centering around the aboption fair value accounting under of FAS 157.[2][3]

The ILPA was founded in the early 1990s.

References

  1. Institutional Limited Partners Association Board
  2. Mulvihill, Roger Fair value reporting for illiquid investments: ready or not here it comes. AltAssets.com, December 12, 2007
  3. Fulman, Ricki. "Private equity organization grows". Pensions & Investments, November, 2001

See also

External links


Advertisements






Got something to say? Make a comment.
Your name
Your email address
Message