← Glossary
Key Person Provision
A negotiated clause naming individuals whose departure or reduced time commitment suspends the fund's ability to call capital until investors approve how the general partner will proceed.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- Limited Partnership Agreement (LPA)The governing contract between a fund's general partner and its limited partners, setting economics, terms, and governance.
- General Partner (GP)The manager of a fund, responsible for its investments, operations, and reporting to investors.
- Institutional MemoryKnowledge a fund retains beyond the people who created it.
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