Replacement GP

Cork Gully acts as successor GP where LPs lose confidence in the incumbent. We provide independent fund governance, design realisation strategies, and manage distributions. Our impartial role ensures alignment, transparency, and value recovery for LPs throughout fund wind-downs or continuation structures.

Challenges We Address

  • GP/LP disputes over fund strategy or performance
  • LPs requiring replacement of conflicted or underperforming GPs
  • Wind-down of legacy funds where GP is unable or unwilling to act
  • Disputes requiring independent fiduciary to manage assets

Our Services

  • Acting as successor GP for funds in wind-down or dispute
  • Developing and executing asset realisation strategies
  • Managing distributions to LPs
  • Independent reporting and governance for LPs
  • Interim GP management until long-term solution agreed

Our Approach

  • Step in as successor GP or interim portfolio manager
  • Develop fund strategy for wind-down or continuation
  • Manage portfolio, governance, and distributions transparently
"Our impartial role ensures alignment, transparency, and value recovery for LPs"
Replacement GP

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