What Does Pro-Rata Assignment Mean for a Potential LP Investor and What Legal Paperwork is Involved?

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Community Member

May 03, 2023

Fundraising

What Does Pro-Rata Assignment Mean for a Potential LP Investor and What Legal Paperwork is Involved?

A potential LP is interested in investing in the fund (I wasn't soliciting :slightly_smiling_face:). He asked for pro-rata assignments. Not exactly sure what this means. Also what kind of legal paperwork is behind this?

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