LPs can do better
17.09.2024 – Articles
Anthony Kwesi Hagan, founder and head of research at Freedomization, turns the ‘fault-seeking magnifying glass inwards’ and calls out LP behaviours not conducive to a constructive relationship.
These include: giving false hope, ghosting, lecturing and being just plain rude.
Despite holding positions that champion flexibility of thought, investment analysts on the allocator side still, admittedly (or not), are plagued with several dogmatic habits. Many of my past writings have self-servingly accentuated the plight of allocators and accusingly cried foul about specific GP behaviours that irk LPs. However, despite the pain it causes, introspectively turning the fault-seeking magnifying glass inward is crucial for growth.
When relationships between an LP and some GPs move beyond the strictly business-driven to the “I actually like you as a person” phase, some unspoken irritations and valid grievances are revealed.