LP governance · 2026 edition
ILPA Legal Conference 2026
ILPA’s legal conference focuses on the terms, governance questions and institutional practices that shape LP–GP relationships.
Audience
Institutional LPs, Fund-of-funds, Pension funds.
What to expect
The published programme centres on fund terms, governance, lp rights. The audience includes Institutional LPs, Fund-of-funds, Pension funds, so conversations can cover both manager opportunities and the practical portfolio questions around them.
Frontierspace perspective
Why it may matter to an LP
This is particularly relevant when a new venture programme is building its approach to side letters, reporting, expenses, conflicts and advisory-committee participation.
Use the detail to strengthen a repeatable review process
Governance discussions become useful when they connect formal rights, reporting and committee oversight to actual decisions. The key is to understand what a provision means when a portfolio is under pressure.
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Bring live fund-term questions where possible.
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Separate legal protections from commercial diligence.
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Compare what is market practice with what your programme genuinely needs.