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What happens if LPs later want to enforce ESG or impact investing principles that weren’t included at the start? Can they do that?

1 See in Base
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Typically, LPs cannot enforce new ESG or impact investing principles if they weren't included in the original Limited Partnership Agreement (LPA). LPs are generally passive investors with limited rights, and any changes to the fund's investment strategy would require agreement from the General Partner and possibly an amendment to the LPA.

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