Question

What is a limited partner?

An investor in a venture fund who commits capital and shares in returns and losses.

For informational purposes only. Not an offer to sell or solicitation to buy any security. Submitting interest is not an offer, acceptance, allocation, or eligibility determination.

Direct answer

A limited partner (LP) is an investor in a venture fund. LPs commit capital, receive distributions if and when the fund has liquidity events, and bear the downside risk of the fund.

What LPs do

  • Commit capital across a fund's investment period
  • Receive periodic reporting from the GP
  • Receive distributions on liquidity events
  • Bear loss risk up to the committed amount

Important — please read

The content on this page is provided by DVRGNT Ventures for informational and educational purposes only. It is not an offer to sell, or a solicitation of an offer to buy, any security or investment product.

Any investment opportunity, if available, would be made only through appropriate private offering materials and subject to investor qualification, legal review, and applicable regulatory requirements.

Submitting an interest form does not constitute an offer, acceptance, allocation, or eligibility determination. Nothing on this page should be construed as legal, tax, accounting, or investment advice.