Investment Management Partner Joe Morrissey was quoted in a Private Equity Law Report article titled, “Affiliate Versus Third Party Debate and Other Topics in Transfer Right Provision Negotiations.” The article discusses the current landscape of side letter negotiations between LPs and GPs about transfer rights, including pressure points that dominate those discussions today. Specifically, LPs have made progress at gaining the ability for consent-free transfers to their affiliates – along with an expanded definition of that term where appropriate – while GPs have resisted efforts to extend the same privileges to third-party transfers.

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Joseph M. Morrissey

(212) 574-1245
morrissey@sewkis.com

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