Franklin Ohio Limited Partnership Agreement is a legally-binding document that outlines the terms and conditions governing the relationship between the general partner and limited partners in a hedge fund based in Ohio. This agreement sets out the rights and obligations of each party, including the investment objectives, profit-sharing arrangements, and governance procedures. The Franklin Ohio Limited Partnership Agreement for Hedge Fund is structured to provide investors with an opportunity to pool their resources and invest in various financial instruments, aiming to generate significant returns while effectively managing risks. This agreement explicitly defines the responsibilities and liabilities of the general partner who is responsible for managing the day-to-day operations of the fund, and the limited partners who contribute capital but have limited control over investment decisions. There are different types of Franklin Ohio Limited Partnership Agreements for Hedge Fund based on the investment strategy pursued. These may include: 1. Long/Short Equity Hedge Fund Agreement: This type of agreement focuses on both long and short positions in equities, allowing the fund to both buy undervalued stocks and short sell overvalued stocks, seeking to generate returns based on underlying market conditions. 2. Event-Driven Hedge Fund Agreement: Event-driven funds aim to capitalize on specific corporate events such as mergers, acquisitions, bankruptcies, or legal disputes. This agreement outlines the specific guidelines and strategies for investing based on such events. 3. Macro Hedge Fund Agreement: Macro hedge funds focus on taking positions in various financial instruments, including currencies, commodities, and interest rates. This agreement outlines the macroeconomic factors that will guide investment decisions. 4. Multi-Strategy Hedge Fund Agreement: This type of agreement allows the hedge fund to pursue multiple investment strategies simultaneously. It outlines the allocation of capital between different strategies and the criteria for decision-making. The Franklin Ohio Limited Partnership Agreement for Hedge Fund serves as a crucial document for all partners involved in the fund. It covers essential aspects such as the term of the partnership, capital contributions, profit distribution, valuation methods, and withdrawal procedures. It also addresses operational matters such as custodianship, risk management, reporting requirements, and dispute resolution mechanisms. Investors considering participating in a hedge fund should carefully review the Franklin Ohio Limited Partnership Agreement to understand the terms and conditions before committing their capital. Additionally, legal counsel is often advisable to ensure compliance with applicable laws and regulations while safeguarding their interests.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.