The impact of updated ILPA reporting standards

SunGard on May 20, 2011
Tags: asset management, credit, management, assets

Responding to the changing market conditions following the onset of the global credit crisis, the Toronto-based Institutional Limited Partners Association (ILPA), released a set of guidelines aimed at streamlining communications between limited partners and their general partners.

What might be the impact on GP - LP relations as a result of these changes? What kind of detail should be expected of GPs in order to meet the objectives of the revised ILPA principles?