Gary· L. Bridge: LP and GP should have good communication strategy

Digging the net July 9 News famous venture capital Horsley Bridge　　　　Speaking at a speech today, the managing director of partners, Gary Bridge, said that a good communication strategy between LP and GP would help to communicate with four contacts at the meeting, the annual meeting, the consultant meeting and the quarterly report on the long-term assistance of venture capital and private equity firms, general and limited partners. Wayne Bridge believes that the limited partners need to recognize that the general partners are working hard for themselves and that they want to know that the money they give to the general partners is well handled, and that they need to understand that their money is not really well managed and safely invested,　　　　So it is important to communicate well with four points of contact. Wayne Bridge revealed that the quality of the quarterly reports has declined over the past five years, as many of the quarterly reports in the United States were made by GP for 2-3 pages rather than lengthy reports.　　　　But this report has become a very important source of information for LP, so LP and GP should strengthen communication. Bridge stressed that the LP and GP to have regular information communication, GP to the LP to send regular mail or mail, such as some periodicals or to the LP for some investment information to communicate, so that they can better grasp their portfolio, but also to prevent, LP can learn the latest in the form of this internal publication. At the same time, you should be prepared to plan for fundraising and stick to your own financing plan. (Wang Wei, digging the net)