|  Limited Partnership
GE Energy Financial Services also provides non-recourse LP financing to clients similar to the PLP structure, allowing tax efficiencies. The main difference between this structure and PLP is that no set payment schedule exists.
Typically, distributions are pro-rata to cash invested until the LP achieves its negotiated return, at which time it converts to a negotiated carried interest. This structure is most often used to the provide capital needed for oil and gas acquisitions or monetizations of oil and gas assets.
|
