AI Limited Partnership Agreement (LPA) Analysis

AI Limited Partnership Agreement (LPA) Analysis

Unlock the data in your fund documents

Unlock the data in your fund documents

V7 Go's agent automates the review of complex LPAs, extracting critical economic terms, governance rights, and covenants to help investors and fund managers manage their obligations.

What is it

What is it

Managing Private Fund Investments

A Limited Partnership Agreement (LPA) is the core legal document for a private fund detailing the complex economic and governance terms between the manager and investors.

How is it solved today?

Legal and investment teams manually read and summarize hundreds of pages of dense legal text to extract key fund terms into spreadsheets a slow and error-prone process.

How is it solved today?

Legal and investment teams manually read and summarize hundreds of pages of dense legal text to extract key fund terms into spreadsheets a slow and error-prone process.

How is it solved today?

Legal and investment teams manually read and summarize hundreds of pages of dense legal text to extract key fund terms into spreadsheets a slow and error-prone process.

Why V7 Go

V7 Go's specialized agent reads any LPA and its side letters automatically extracting and structuring all key terms for easy analysis and comparison across a portfolio.

Why V7 Go

V7 Go's specialized agent reads any LPA and its side letters automatically extracting and structuring all key terms for easy analysis and comparison across a portfolio.

Why V7 Go

V7 Go's specialized agent reads any LPA and its side letters automatically extracting and structuring all key terms for easy analysis and comparison across a portfolio.

Time comparison

Time comparison

Time comparison

Traditional way

4-6 hours

4-6 hours

With V7 Go agents

15-20 minutes

15-20 minutes

Average time saved

95%

95%

Why V7 Go

Analyze Limited Partnership Agreements (LPAs) and side letters.

Extract fee structures, waterfall details, and key person clauses.

Workflow

Workflow

SharePoint
SharePoint
SharePoint

Import your files

iLevel

,

eFront

,

SharePoint

Limited Partnership Agreements (LPAs)

Limited Partnership Agreements (LPAs)

Limited Partnership Agreements (LPAs)

Side Letters

Side Letters

Side Letters

Subscription Documents

Subscription Documents

Subscription Documents

Private Placement Memorandums (PPMs)

Private Placement Memorandums (PPMs)

Private Placement Memorandums (PPMs)

Due Diligence Questionnaires (DDQs)

Due Diligence Questionnaires (DDQs)

Due Diligence Questionnaires (DDQs)

Investor Updates

Investor Updates

Investor Updates

Management & Performance Fees

Management & Performance Fees

Management & Performance Fees

Carried Interest Waterfall Structure

Carried Interest Waterfall Structure

Carried Interest Waterfall Structure

Key Person Provisions

Key Person Provisions

Key Person Provisions

Investment Period & Fund Term

Investment Period & Fund Term

Investment Period & Fund Term

GP & LP Clawback Obligations

GP & LP Clawback Obligations

GP & LP Clawback Obligations

Indemnification & Exculpation

Indemnification & Exculpation

Indemnification & Exculpation

Advisory Committee Rights

Advisory Committee Rights

Advisory Committee Rights

Co-Investment Rights

Co-Investment Rights

Co-Investment Rights

No-Fault Divorce/Removal Clauses

No-Fault Divorce/Removal Clauses

No-Fault Divorce/Removal Clauses

Reporting & Auditing Requirements

Reporting & Auditing Requirements

Reporting & Auditing Requirements

Why V7 Go

Why V7 Go

Fee & Expense Extraction

Accurately extract management fee calculations, partnership expenses, and other fund costs.

Fee & Expense Extraction

Accurately extract management fee calculations, partnership expenses, and other fund costs.

Fee & Expense Extraction

Accurately extract management fee calculations, partnership expenses, and other fund costs.

Carried Interest Waterfall Analysis

The agent parses and summarizes the carried interest waterfall, including the preferred return, catch-up, and GP carry.

Carried Interest Waterfall Analysis

The agent parses and summarizes the carried interest waterfall, including the preferred return, catch-up, and GP carry.

Carried Interest Waterfall Analysis

The agent parses and summarizes the carried interest waterfall, including the preferred return, catch-up, and GP carry.

Key Person & Governance Terms

Identify key person provisions, advisory board rights, and other critical governance clauses.

Key Person & Governance Terms

Identify key person provisions, advisory board rights, and other critical governance clauses.

Key Person & Governance Terms

Identify key person provisions, advisory board rights, and other critical governance clauses.

Side Letter Comparison

Extract terms related to investor transfers, co-investment rights, and disclosure obligations.

Side Letter Comparison

Extract terms related to investor transfers, co-investment rights, and disclosure obligations.

Side Letter Comparison

Extract terms related to investor transfers, co-investment rights, and disclosure obligations.

Side Letter Comparison

Analyze side letters to identify any special terms granted to certain investors that deviate from the main LPA.

Side Letter Comparison

Analyze side letters to identify any special terms granted to certain investors that deviate from the main LPA.

Side Letter Comparison

Analyze side letters to identify any special terms granted to certain investors that deviate from the main LPA.

Standardized Term Database

Create a database of key terms across all your fund investments, enabling portfolio-wide analysis and comparison.

Standardized Term Database

Create a database of key terms across all your fund investments, enabling portfolio-wide analysis and comparison.

Standardized Term Database

Create a database of key terms across all your fund investments, enabling portfolio-wide analysis and comparison.

V7 Go

V7 Go

V7 Go

AI-powered fund document analysis

AI-powered fund document analysis

for LPs and GPs

Limited Partnership Agreements are notoriously long and complex documents, governing billions of dollars in capital commitments. Institutional investors (LPs) and fund managers alike struggle to manually track the complex terms related to fees, carried interest, and governance across their entire portfolio of funds. This manual process is inefficient and risks missing critical rights and obligations.

Institutional Investors (LPs)

Automate the review of LPAs and side letters to create a standardized database of fund terms for better portfolio monitoring and due diligence.

Institutional Investors (LPs)

Automate the review of LPAs and side letters to create a standardized database of fund terms for better portfolio monitoring and due diligence.

Institutional Investors (LPs)

Automate the review of LPAs and side letters to create a standardized database of fund terms for better portfolio monitoring and due diligence.

Fund Managers (GPs)

Ensure compliance with all investor reporting and governance obligations by creating a structured summary of your own fund's LPA.

Fund Managers (GPs)

Ensure compliance with all investor reporting and governance obligations by creating a structured summary of your own fund's LPA.

Fund Managers (GPs)

Ensure compliance with all investor reporting and governance obligations by creating a structured summary of your own fund's LPA.

Delegate LPA analysis

Delegate LPA analysis

to a private funds AI agent

to a private funds AI agent

Economic Term Extraction

Accurately extract management fee calculations and the full carried interest waterfall including preferred return and catch-up provisions.

Governance & Rights Analysis

Identify key person provisions advisory board rights and other critical governance clauses that impact fund management.

Next steps

Your fund agreements are a source of data, not just legal text.

Let's talk

You’ll hear back in less than 24 hours

Next steps

Your fund agreements are a source of data, not just legal text.

Let's talk

Next steps

Your fund agreements are a source of data, not just legal text.

Let's talk

You’ll hear back in less than 24 hours

FAQ

FAQ

FAQ

Have questions?
Find answers.

What is a Limited Partnership Agreement (LPA)?

An LPA is the primary legal document that defines the relationship and terms between the managers of a private fund (the General Partner) and the investors (the Limited Partners).

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What is a Limited Partnership Agreement (LPA)?

An LPA is the primary legal document that defines the relationship and terms between the managers of a private fund (the General Partner) and the investors (the Limited Partners).

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What is a Limited Partnership Agreement (LPA)?

An LPA is the primary legal document that defines the relationship and terms between the managers of a private fund (the General Partner) and the investors (the Limited Partners).

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How can an AI understand a 'waterfall'?

The agent is trained on thousands of fund documents. It recognizes the specific language and calculation steps of distribution waterfalls and can summarize the tiers (e.g., return of capital, preferred return) in a structured way.

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How can an AI understand a 'waterfall'?

The agent is trained on thousands of fund documents. It recognizes the specific language and calculation steps of distribution waterfalls and can summarize the tiers (e.g., return of capital, preferred return) in a structured way.

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How can an AI understand a 'waterfall'?

The agent is trained on thousands of fund documents. It recognizes the specific language and calculation steps of distribution waterfalls and can summarize the tiers (e.g., return of capital, preferred return) in a structured way.

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Is this for fund managers or investors?

Both. Limited Partners use it to track their rights and compare terms across funds. General Partners use it to ensure they are complying with all governance and reporting obligations.

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Is this for fund managers or investors?

Both. Limited Partners use it to track their rights and compare terms across funds. General Partners use it to ensure they are complying with all governance and reporting obligations.

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Is this for fund managers or investors?

Both. Limited Partners use it to track their rights and compare terms across funds. General Partners use it to ensure they are complying with all governance and reporting obligations.

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How does it handle side letters?

The agent can analyze a side letter in conjunction with the main LPA, identify the investor who received the special terms, and flag the specific provisions that differ from the standard agreement.

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How does it handle side letters?

The agent can analyze a side letter in conjunction with the main LPA, identify the investor who received the special terms, and flag the specific provisions that differ from the standard agreement.

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How does it handle side letters?

The agent can analyze a side letter in conjunction with the main LPA, identify the investor who received the special terms, and flag the specific provisions that differ from the standard agreement.

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What's the main outcome for an institutional investor?

It provides a clear, consistent, and data-driven view of all their fund investments, allowing them to better monitor their portfolio, negotiate future fund commitments, and ensure they are exercising all their governance rights.

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What's the main outcome for an institutional investor?

It provides a clear, consistent, and data-driven view of all their fund investments, allowing them to better monitor their portfolio, negotiate future fund commitments, and ensure they are exercising all their governance rights.

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What's the main outcome for an institutional investor?

It provides a clear, consistent, and data-driven view of all their fund investments, allowing them to better monitor their portfolio, negotiate future fund commitments, and ensure they are exercising all their governance rights.

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How long does it take to analyze an LPA?

An analysis that would typically take a lawyer several hours to complete manually can be done by the AI agent in under 20 minutes.

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How long does it take to analyze an LPA?

An analysis that would typically take a lawyer several hours to complete manually can be done by the AI agent in under 20 minutes.

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How long does it take to analyze an LPA?

An analysis that would typically take a lawyer several hours to complete manually can be done by the AI agent in under 20 minutes.

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