3. If the GP wants to make an investment or take an action that could create a conflict of interest with an LP or another portfolio company, how does the LPA typically govern that situation, and what approvals or disclosures may be required?
3. If the GP wants to make an investment or take an action that could create a conflict of interest with an LP or another portfolio company, how does the LPA typically govern that situation, and what approvals or disclosures may be required?