b'ILPA ANNUAL REPORT 202172009 ILPAlaunchestheILPAInstituteinpartnershipwiththe University of Chicagos Booth School of Business to provide LPs with best-in-class LP-focused education.ILPA members meet for a series of roundtables regarding thestateoftheindustryanditsgovernance,forminga 2009 ILPA Institute Alumni working group to craft the ILPA Principles, meant to restore and strengthen the inherent alignment of interest value proposition to private equity.In addition to the items featured in this timeline, ILPA has also introduced guidance on, subscription lines, GP-led secondaries, industry code of conduct, and relationships with insurance company LPs. 2010 ILPA develops its first ILPA Institute Course, launched as a 2010Level II course (now an Intensive Course), Legal Documents remains one of the most popular ILPA Institute courses and marks a significant step in providing executive education tailored for LP professionals. Participants in ILPAs First LegalILPA holds the first invitation-only LP-GP Roundtable in New Documents Course, 2010 York; this gathering is an effective forum to discuss pressing industryissuesofsharedinterestandservesasacritical testing ground for the development of future ILPA standards and best practices.2011 ILPApublishesitsfirsttemplatesfortheindustrytheQuarterlyReportingStandardsandCapitalCalland Distribution Notices. These templates are intended to help developasetofstandardizedbestpracticestoimprove Inadditiontothosetemplatesfeaturedonthistransparency and generate efficiencies. Their release signifies timeline,ILPAhasalsointroducedaModelNDAa significant step for ILPA towards concretely embedding the and aModel Subscription Agreement ILPA Principles into market practices. ILPA releases a revised version of the ILPA Principles 2.0 after soliciting feedback from the LP and GP communities throughout2010ontheoriginalPrinciples.Theupdated version addresses certain issues requiring additional focus, clarification and consideration of practical implications.'