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Glossary Term
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General Partner (GP)

Definition

A General Partner (GP) is an individual or entity responsible for managing a venture capital (VC) or private equity (PE) fund. GPs oversee the fund's investments, operations, and strategy, making decisions on behalf of the limited partners (LPs) who provide the capital. They are typically compensated through management fees and a share of the fund’s profits, known as carried interest.

Relevance to the MedTech Industry

In the MedTech industry, GPs play a pivotal role in identifying and funding promising startups or companies developing innovative medical devices and technologies. Their expertise and strategic guidance often extend beyond capital investment, contributing to business development, regulatory navigation, and scaling operations.

Additional Information & Related Terms

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