General Partners

General Partners are individuals or entities that manage a partnership, typically in a business or investment context. They have unlimited liability, meaning they're personally responsible for the debts and obligations of the partnership. General Partners make key decisions, handle operations, and often invest their own money. They share profits with other partners but also bear the risks associated with the partnership's activities. In investment funds, General Partners guide the fund’s strategy and manage investments on behalf of Limited Partners, who have limited liability and do not participate in day-to-day management.