As defined by the bylaws of the ILPA Board of Directors, ILPA membership is limited to institutions (and individuals within those institutions) who invest or intend to invest in a portfolio of private equity funds or direct investments primarily for their own account. As such, only organizations which are investing capital which is mostly captive are eligible for ILPA membership.
|Service providers, asset managers, and other organizations advising or investing predominantly on behalf of other institutions are not considered eligible for ILPA membership. However, ILPA welcomes interest in supporting our members via educational programming and/or industry initiatives. Please contact Greg Durst at email@example.com for more information on available opportunities.|
Code of Conduct
- Members will conduct their business in a responsible way and will not engage in practices that would be damaging to the image and interests of the private equity industry.
- Members shall promote and maintain ethical standards of conduct and at all times deal fairly and honestly with each other and with the private equity funds in which they invest.
- Members that manage third party capital must represent themselves as Limited Partners as part of the ILPA community and will not engage in any marketing or marketing-related activities at any ILPA events; members will not use or share contacts, resources or information obtained from ILPA for marketing-related purposes.
- Members shall not disclose information on any specific ILPA member or distribute any proprietary ILPA content or resources to non-members, unless explicitly permitted to do so.
- With the exception of the Chair of the Board of Directors, members shall refrain from speaking publicly on ILPA’s behalf unless engaged to do so by the ILPA staff or Board of Directors.
- Member use of the ILPA logo and name in print and electronic form is encouraged to communicate engagement in, and support of, ILPA’s mission and activities. Approved use is subject to the terms of this Code of Conduct and does not extend to commercial purposes, such as marketing products or services.
- All directors, officers, employees and representatives of a member organization who are active in the ILPA membership shall be bound by this Code of Conduct.
Membership may be terminated by the Board of Directors if a member fails at any time to meet all of the criteria or has failed in a material degree to observe this Code of Conduct, or has engaged in conduct materially prejudicial to ILPA’s purposes and interests.