ILPA Institute: Navigating the Manager Relationship Chicago (July)

The Navigating the Manager Relationship course (formerly known as An Insider’s Look at Private Equity Managers) is designed for the limited partner looking for an in-depth understanding of how to mitigate manager risk. Participants will learn about manager operations through the lens of a financial audit and real-world examples of challenges from within a manager’s business operations.

This live, faculty-led program combines lecture-based learning with interactive networking and group work elements, featuring custom case studies designed uniquely for LPs by LPs.

Who Should Attend?

This program is part of the ILPA Institute’s Intensive series of courses, which means this program is designed for the limited partner with more than three years of experience in private equity or has completed the comprehensive private equity training.

Course Date and Fees
July 22, 2026 (Chicago, US)

Member Early Bird rate: $1,099 USD

Member rate: $1,399 USD

Early Bird Deadline: June 5, 2026

Key Learning Objectives

• Learn about risk and how to navigate difficult manager relationships, communications, operational issues, deal sourcing and diligence methods
• Assess problem fund issues and how to mitigate and/or otherwise review such issues before they fall into possible malfeasance or fraud
• Understand the audit process and how to identify red flags within fees and expenses and income allocation, capital contributions and distributions
• Learn how fees and expenses are calculated and allocated through the European and American methods and how to identify risk through reporting assessment

PROGRAM LEVEL: Advanced

PRE-REQUISITE: Three or more years of experience directly managing and monitoring a private equity program.

PRE-READING: Participants will receive pre-course articles to prepare themselves for the program.

DELIVERY METHOD: Group-Live

CREDIT: 8 CPE Credits

Institutional Limited Partners Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

CFA Institute: ILPA members have the ability to earn CE credit for their participation in this program and can use their online CE tracker to document it. Any questions can be directed to the CFA Institute at ceprograms@cfainstitute.org.