TY - JOUR T1 - When Limited Partners Default JF - The Journal of Private Equity SP - 31 LP - 34 DO - 10.3905/jpe.2002.320005 VL - 5 IS - 2 AU - Jay S. Rang AU - Allen L. Weingarten Y1 - 2002/02/28 UR - https://pm-research.com/content/5/2/31.abstract N2 - As equity markets continue to struggle, the prospect of having limited partners default on their capital contributions becomes more of a possibility. Many venture capitalists are quite concerned about certain portions of their partnership agreements, such as the flexibility allowed the general partner to make investments, but far less concerned about the penalty provisions in caseof default. This article outlines possible courses of action and discusses which ones make the most sense in different circumstances. ER -