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  2. Limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_partnership

    A limited partnership (LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability.

  3. Limited liability limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_limited...

    The limited liability limited partnership (LLLP) is a relatively new modification of the limited partnership. The LLLP form of business entity is recognized under United States commercial law . An LLLP is a limited partnership , and it consists of one or more general partners who are liable for the obligations of the entity, as well as or more ...

  4. Direct participation program - Wikipedia

    en.wikipedia.org/wiki/Direct_Participation_Program

    Direct participation programs are most commonly formed to invest in real estate, energy, futures & options, and equipment leasing projects. A DPP is typically organized as a limited partnership or limited liability company, structures that enable the income and losses of the entity to flow-through to the underlying taxpayer on a pre-tax basis ...

  5. Do Only Rich Families Have a Family Limited Partnership? - AOL

    www.aol.com/only-rich-families-family-limited...

    A family limited partnership (FLP) is a complex structure that serves a strategic purpose for individuals desiring to manage and protect family assets, limit liability and potentially secure tax ...

  6. A real estate limited partnership (RELP) is a specialized investment structure comprising general partners responsible for actively managing a property, and limited partners or passive investors ...

  7. Private equity fund - Wikipedia

    en.wikipedia.org/wiki/Private_equity_fund

    Term of the partnership The partnership is usually a fixed-life investment vehicle that is typically 10 years plus some number of extensions. Management fees An annual payment made by the investors in the fund to the fund's manager to pay for the private-equity firm's investment operations (typically 1 to 2% of the committed capital of the fund ...

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