Infrastructure Getting it right: Investors and investment managers comb through the fine details Negotiating. Haggling. Wrangling. Bargaining. Whatever you call it, LPs and GPs spend an awful lot of time revising and tweaking the investment terms for funds that come wrapped in a lawyer-approved offering document. While managers would like to present these documents as a fait accompli, in reality, nearly every term listed in the document can be — and often is — negotiable.