Some partners have worried that it may have grown too rapidly for its traditional partnership structure.
Some have also expressed interest in raising capital through means other than the partnership structure to finance computer purchases and the writing of software.
We will move our future business toward using a corporate structure rather than a partnership structure.
Artemis has an extremely low level of turnover among the fund managers and the partnership structure will ensure that this remains the case.
Robertson, Stephens, which specializes in high-tech and health-care issues, is one of the last major investment banks with a partnership structure.
But senior Goldman bankers have frequently said that they are content with their partnership structure.
It also helps explain the partnership structure of law firms, in which associate lawyers compete to become partners and earn a much higher salary.
The limited partners must approve large capital expenditures and any changes in the partnership structure.
It uses complex partnership structures to produce artificial losses to offset capital gains.
By going to court, the two companies have waived the terms of the partnership structure.