The GP (General Partner) in a fund usually refers to the general partner. General partners play an important role in limited partnership funds: Management Decision: Responsible for the daily operation and investment decisions of the fund. Fundraising: Seeking Limited Partners to participate in investments. Assume risk: assume unlimited joint and several liability for the fund's debts. Professional experience: Conduct investment management based on professional knowledge and experience. The characteristics of a general partner include: Core position: Has important decision-making and management power in the fund. High risk and high return: taking on greater risks and expecting higher returns. Professional ability: Possess rich investment knowledge and experience. Reputation is important: A good reputation helps attract investors. Compared to limited partners, general partners have different responsibilities and rights in the fund, jointly promoting the operation and development of the fund.
