Sentence examples for partner capital from inspiring English sources

"This way, defendants used partner capital investments as a form of revenue to enrich themselves and to hide the dire condition of the firm from the public".

And because it was just partner capital that was at stake when these bets were made — not consumer deposits — the need for intrusive regulation was not as great.

But the biggest beneficiary was the hedge fund industry, which grew to immense size and applied the 2&20 formula to ever larger and more lucrative pools of limited partner capital.

Upon his induction as a Goldman partner in 1982, a young Goldman deal maker named Henry M. Paulson Jr. informed Mr. Doty that he would hold off on building an addition to his home in Barrington, Ill., to fulfill his partner capital obligations.

Alicia agreed to be deposed and help Lockhart/Gardner if they finally gave her her partner capital contribution back.

Goldman would also set aside some of its own money and partner capital into separate accounts for the same purpose, they said.

Large law firms rarely raise outside debt, typically using bank credit lines and partners' capital to run the firm.

Though partners' capital is locked in for some years, 37 partners pulled out at the same time in 1994, which had a bad psychological effect.

Starting in the 1970s, Wall Street firms began going public, which meant that the partners' capital was replaced by shareholder equity.

A Calpers spokesman said that private investment funds routinely draw on the partners' capital in the first few years, and pay returns only later.

"Defendants never intended to return the departing partners' capital investments, but rather intended to selectively distribute said capital to themselves and others, thereby denying the return of capital to most of the departing partners," the complaint said.