A provision intended to ensure that the management professionals making and managing the investments on behalf of the vehicle are the same individuals who the investors expect to manage the vehicle and / or the individuals responsible for the prior track record(s). Key person provisions often allow investors to suspend further investments in the vehicle if certain key personnel leave the manager.
Global Definitions Database
Key men clause
Source: INREV | Date: 20 March 2020 | ID: D0242 | Version: 3