Private Equity General Partner Agreement Template for Switzerland

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Key Requirements PROMPT example:

Private Equity General Partner Agreement

"I need a Private Equity General Partner Agreement under Swiss law for a new healthcare-focused fund launching in March 2025, with specific provisions for co-investment rights and ESG compliance requirements."

Document background
The Private Equity General Partner Agreement is a foundational document used when establishing and operating a private equity fund structure in Switzerland. It serves as the primary governance document defining the General Partner's role, responsibilities, and relationship with the fund and its stakeholders. This agreement is essential for compliance with Swiss regulatory requirements, including FINMA regulations, FinSA/FIDLEG, and FinIA/FINIG. The document typically includes detailed provisions on investment strategy, management fees, carried interest calculations, regulatory compliance, risk management, and reporting obligations. It's particularly crucial in the Swiss context due to the jurisdiction's specific requirements for financial institutions and investment vehicles.
Suggested Sections

1. Parties: Identification of the General Partner entity and other relevant parties to the agreement

2. Background: Context of the agreement, including the fund structure and purpose

3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation

4. Appointment and Authority: Formal appointment of the General Partner and scope of its authority

5. GP Duties and Responsibilities: Comprehensive outline of the General Partner's obligations and responsibilities

6. Investment Strategy and Guidelines: Parameters and restrictions for investment decisions

7. Management and Operation: Day-to-day management procedures and operational guidelines

8. Economic Terms: Management fees, carried interest, and other financial arrangements

9. Capital Contributions and Accounts: Rules regarding capital commitments and accounting procedures

10. Regulatory Compliance: Obligations under Swiss law and FINMA regulations

11. Risk Management: Framework for identifying, monitoring, and managing investment risks

12. Reporting and Transparency: Requirements for financial reporting and investor communications

13. Conflicts of Interest: Procedures for identifying and managing potential conflicts

14. Term and Termination: Duration of the agreement and termination provisions

15. Indemnification and Liability: Scope of liability and indemnification obligations

16. Confidentiality: Protection of confidential information and trade secrets

17. Governing Law and Jurisdiction: Choice of Swiss law and jurisdiction provisions

18. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

Optional Sections

1. Key Person Provisions: Used when specific individuals are crucial to the partnership's operations, defining their roles and succession planning

2. Co-Investment Rights: Include when the GP has rights or obligations to co-invest alongside the fund

3. ERISA Provisions: Required if the partnership accepts investments from US pension funds

4. Transaction Fee Sharing: Include when there are arrangements for sharing transaction fees with limited partners

5. Environmental, Social and Governance (ESG): Include when the partnership has specific ESG policies and commitments

6. Strategic Advisory Board: Used when the partnership structure includes an advisory board

7. Side Letter Rights: Include when certain investors have negotiated special rights that affect GP obligations

8. Digital Asset Provisions: Required when the investment strategy includes digital assets or cryptocurrencies

Suggested Schedules

1. Schedule 1: Investment Guidelines: Detailed investment criteria, restrictions, and allocation policies

2. Schedule 2: Fee Structure: Detailed calculation methodologies for management fees and carried interest

3. Schedule 3: Valuation Policy: Methodology and procedures for valuing portfolio investments

4. Schedule 4: Key Personnel: List of key personnel and their responsibilities

5. Schedule 5: Compliance Manual: Detailed compliance procedures and policies

6. Schedule 6: Risk Management Framework: Detailed risk assessment and management procedures

7. Schedule 7: Reporting Templates: Standard formats for regular reporting to investors

8. Schedule 8: Conflict Resolution Procedures: Detailed procedures for managing conflicts of interest

9. Appendix A: Power of Attorney: Form of power of attorney granted to the General Partner

10. Appendix B: Administrative Details: Contact information and payment details for all parties

11. Appendix C: FINMA Compliance Checklist: Specific regulatory requirements and compliance procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Private Equity

Financial Services

Investment Management

Asset Management

Venture Capital

Alternative Investments

Banking

Professional Services

Corporate Finance

Investment Banking

Relevant Teams

Legal

Compliance

Risk Management

Investment

Finance

Operations

Due Diligence

Portfolio Management

Investor Relations

Corporate Governance

Regulatory Affairs

Executive Management

Relevant Roles

Chief Executive Officer

Chief Investment Officer

Managing Partner

General Counsel

Compliance Officer

Risk Manager

Fund Manager

Investment Director

Legal Counsel

Chief Financial Officer

Investment Committee Member

Portfolio Manager

Managing Director

Head of Private Equity

Regulatory Compliance Manager

Senior Partner

Investment Analyst

Due Diligence Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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