The Right Way to Break Up a JV

The most successful joint ventures plan their divorce early, according to panelists during a discussion on value–add investing.  That discussion, featuring Taconic Investment Partners, TIAA and RSM, stresses the need for transparency and plenty of communication between operating partners and capital partners. However, the trio also argues that planning—from the outset—how to break up the JV was critical to avoid difficult negotiations should one partner need to exit early.