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Institutional Limited Partners Association : ウィキペディア英語版 | Institutional Limited Partners Association
The Institutional Limited Partners Association (ILPA) is a trade association for institutional limited partners in the private equity asset class. The ILPA was founded in the early 1990s. ==Membership== Members of ILPA include public and corporate pension funds, endowments, foundations, insurance companies. According to the ILPA, its membership totalled more than 300 investors representing over $1 trillion in private equity investments.〔(Institutional Limited Partners Association Board )〕 The limited partner investor universe in private equity has historically been highly fragmented and individual investors, even the largest investors, often have limited ability to negotiate the terms of the individual private equity funds to which they commit. ILPA's education and networking functions allow greater communication and collaboration between investors. ILPA was actively involved in discussions centering on the adoption of fair value accounting under of FAS 157.〔Mulvihill, Roger (Fair value reporting for illiquid investments: ready or not here it comes ). AltAssets.com, December 12, 2007〕〔Fulman, Ricki. "(Private equity organization grows )". Pensions & Investments, November, 2001〕
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