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Browse terms140
Browse terms140

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General Partner

The person or entity that raises capital for, controls, invests, and manages a private fund organized as a limited partnership.

What traders should verify

For General Partner, inspect the legal structure, adviser and Form ADV, investor eligibility, strategy, holdings, fees, leverage, liquidity, conflicts, and reporting date.

Do not conflate

The label General Partner does not by itself establish registration status, current holdings, liquidity, risk, performance, or investor eligibility.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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