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Germany: minimising exposure thanks to the flexibility of the GmbHp

9 Nov 2005

In order to monitor their investment in a German portfolio company, private equity investors usually appoint an investment manager to the 'board' of the company, says SJ Berwin. As portfolio companies are often structured as a limited liability company (GmbH), investors take advantage of the flexibility that the GmbH offers to reduce appointees' exposure.

 

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