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    Harvest Period

    Fund Extensions and Harvest Periods: What Happens When a PE Fund Outlives Its 10-Year Term
    Private Equity

    Fund Extensions and Harvest Periods: What Happens When a PE Fund Outlives Its 10-Year Term

    A fund extension is a clause in a private equity fund's limited partnership agreement (LPA) that lets the general partner (GP) keep operating the fund past its stated 10-year term, usually in one-year

    Jeff Barnes, MBA·Aug 8, 2026·9 min read
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