limited partner

noun

Definition of limited partner

: a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment — compare general partner

Examples of limited partner in a Sentence

Recent Examples on the Web The firm has raised an initial $24.5 million for the latest fund, which includes backing from its largest existing limited partner investors, said David Dalvey, managing general partner of Brightstone. Nick Williams, Star Tribune, 9 June 2021 Orbach, who initially bought a 5% ownership stake in the Timberwolves in 2016, claims that his company, Orbit, is now the largest limited partner with Taylor and owns 17% of the franchise. Chris Hine, Star Tribune, 14 June 2021 There is absolutely nothing wrong with investing as a limited partner (LP) in a joint venture (JV) with an operator that charges certain fees and waterfall. Eliot Bencuya, Forbes, 14 June 2021 Orbach, who initially bought a 5% ownership stake in the Timberwolves in 2016, claims that his company, Orbit, is now the largest limited partner with Taylor and owns 17% of the franchise — more than all other minority partners combined. Jeff Day And Chris Hine, Star Tribune, 26 May 2021 However, in April 2018, Cisneros Miramontes DG became the managing general partner and 210 Development became a limited partner. Patrick Danner, San Antonio Express-News, 29 Apr. 2021 That’s when Shvo’s ultra-prime real estate investing strategy kicked in, with Bilgili and Deutsche Finance as the other general partners, and BVK serving as the main limited partner. Noah Kirsch, Forbes, 18 Mar. 2021 This would be like the Bruins taking on Wilt Chamberlain as a limited partner in the 1970s. BostonGlobe.com, 19 Mar. 2021 Unlike larger universities, HBCUs have long been missing from the equation -- and the profits -- that come with the role of being a limited partner in Silicon Valley's most successful VC firms. Jazmin Goodwin, CNN, 8 Oct. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'limited partner.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of limited partner

1824, in the meaning defined above

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The first known use of limited partner was in 1824

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Dictionary Entries Near limited partner

limited owner

limited partner

limited partnership

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Statistics for limited partner

Last Updated

2 Aug 2021

Cite this Entry

“Limited partner.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20partner. Accessed 28 Sep. 2021.

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More Definitions for limited partner

limited partner

Legal Definition of limited partner

— see partner

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