Why LPs are diving into waterfalls The complexity of distribution waterfalls can often deter Limited Partners (LPs) from engaging in the calculation process, but as Delphine Jones, solutions consultant executive at PEF Services LLC explains, understanding the methods and arming yourself with a bit of knowledge can be a valuable thing.
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GC: Why have distribution waterfalls traditionally been an area that LPs have avoided engaging in?
Delphine Jones, solutions consultant executive at PEF Services LLC
Delphine Jones: This is an area where LPs don’t feel comfortable, mainly because the calculations can be very complex and the data they have got in the past from the GPs has been very inconsistent. This hasn’t helped them when formulating how the waterfall works so it becomes way out of their comfort zone.
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AN ARTISTIC initiative has been set up along the coastline commemorating the history of west Dorset and its most influential residents and events. Each parish boundary along the Dorset coast path from Ware, on the Dorset/Devon boundary, all the way to Abbotsbury now has a boundary marker in place to let the walker know they have passed from one parish to the next. Each marker, of which there are 11 in total, has been designed to both be aesthetically pleasing and to represent the history of the area. Among the historical events and people remembered through this project are groundbreaking 19th century palaeontologist, Mary Anning, the believed landing of Danish Vikings on Charmouth Beach in 836 and the Wildcats of Bridport , a group of female net makers who went on strike and marched in protest of a pay cut.