Glossary · Equity & fund structure
PPM (Private Placement Memorandum)
A fund's offering document. Covers thesis, terms, risks and conflicts.
Why it matters
It is the legal anchor for every LP conversation.
Related
- LPA (Limited Partnership Agreement)
A fund's governing contract. Sets the economics, governance and rights between GP and LPs.
- DDQ (Due Diligence Questionnaire)
The standardised diligence questionnaire LPs send managers, covering team, strategy, track record, structure, risk and operations.
- Subscription agreement
The document by which an LP legally commits capital to a fund.
Words are easy. A match is hard.
GPX turns one deal document into a ranked, briefed shortlist of the lenders and investors that actually fit — debt and equity.