Article
Fund Expenses: Differentiating Approaches To Expenses For Japan PE/VC Funds
Japan's Ministry of Economy, Trade and Industry revised the Japan model limited partnership agreement in June 2025, expanding fund expense provisions to align with global standards. As international capital flows into Japan's PE and VC markets, fund managers face growing pressure to adopt robust expense allocation policies and procedures to meet LP expectations and avoid regulatory violations.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP