From request to reporting

A deal originator, company or investor contacts the Manager. To assess a transaction, we need:

• a short description of the transaction or asset;
• the parties involved and the jurisdiction;
• the indicative size and timeline;
• your role in the transaction.

We make an initial assessment of whether the transaction falls within the Fund’s investment policy. A non-disclosure agreement can be signed before detailed information is shared.

Before any transaction proceeds, the Manager verifies every investor, counterparty and, where relevant, the target company or asset owner:

• identity of the legal entity or individual;
• ultimate beneficial owners;
• source of funds and, where required, source of wealth;
• screening against sanctions lists and for politically exposed persons.

The documents required depend on the type of client and transaction; we provide a checklist at the start. The Manager may request additional information at any time during the relationship.

The Manager defines how the Fund participates in the transaction: the form of acquisition, the holding structure, financing and the transaction documents. Legal, tax and financial due diligence is carried out with external advisers where needed. The investment decision is taken independently by the management board of the Manager.

Transaction documents are signed, payments are settled through the Fund’s bank accounts and ownership is registered in the name of the Fund or its holding structure.

• Limited partners receive a quarterly net asset value, annual accounts prepared under IFRS within 150 days of the financial year-end, an individual capital account statement and a notice with every distribution.
• Counterparties and banks receive confirmations and reporting as agreed in the transaction documents.