Document background
The Investment Partnership Agreement is essential for establishing investment vehicles under Austrian law, particularly in private equity, venture capital, and other alternative investment sectors. This document is used when investors seek to pool capital for collective investment while maintaining a clear distinction between managing partners (who bear unlimited liability) and limited partners (whose liability is capped at their investment). The agreement must comply with Austrian partnership law (UGB), financial market regulations, and EU directives on alternative investments. It typically includes detailed provisions on capital calls, investment strategies, profit distribution, governance structures, and exit mechanisms. The document is crucial for both domestic Austrian investments and cross-border investment activities where Austrian law is chosen as the governing law.
