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Browse terms140

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Limited Partner

An investor that commits capital to a limited-partnership fund, participates only within agreed limits, and usually has liability capped by its contribution or commitment.

What traders should verify

For Limited 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 Limited 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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