Investment Oversight

Fund Governance & SPV Oversight

We provide governance advisory for investment funds and special purpose vehicles — designing the oversight framework, reporting structure and control environment that keeps your fund operating with integrity and institutional discipline.

Governance Advisory Scope

  • Fund board & committee governance design
  • LP/investor reporting framework
  • Mandate compliance monitoring
  • NAV oversight & valuation governance
  • Conflict of interest management
  • Wind-down governance & documentation
What We Deliver

Our Advisory Services

Fund Board Governance

Advisory on fund board composition, independent director roles, committee structure, meeting cadence and decision documentation — creating the oversight layer that protects all stakeholders.

LP Reporting Framework

Investor reporting design — quarterly reports, capital account statements, NAV notices, material event notifications — structured to meet LP expectations and satisfy fund documentation obligations.

Mandate Compliance Monitoring

Ongoing oversight of investment activity against mandate parameters — concentration limits, permitted instruments, geographic restrictions — with breach identification and escalation protocols.

Valuation Governance

Oversight of the valuation process for illiquid and private assets — ensuring independence, consistency and documentation standards that satisfy auditors and investors.

Conflict of Interest Management

Conflict identification, disclosure framework, recusal procedures and related-party transaction oversight — documented and consistently applied across all fund governance decisions.

SPV Oversight Framework

For fund structures using multiple SPVs, we design the oversight framework covering each vehicle — board representation, reporting to the master fund, compliance monitoring and wind-down triggers.

Our Approach

Built for Real Outcomes

Fund governance failures are almost always failures of process, not intent. The manager wanted to do the right thing — but had no documented framework for deciding what the right thing was.

We design governance frameworks that make the right decision the natural decision — by documenting the process, the authority and the oversight before any problem arises.

Fund Types We Advise

  • Closed-end private equity and VC funds
  • Open-end liquid alternative funds
  • Real estate investment vehicles
  • Infrastructure and project finance funds
  • Family office co-investment platforms
  • ADGM / DIFC regulated fund structures

Governance Documents We Produce

  • Board terms of reference
  • LP reporting templates
  • Mandate compliance checklist
  • Conflict of interest register
  • Valuation policy document

Governance Red Flags

  • No independent oversight of valuation
  • GP/LP conflicts undocumented
  • Reporting below institutional standard
  • No defined escalation for mandate breaches
  • Board meetings not formally documented
ADGM
DFSA fund governance advisory capability
LP
Investor reporting built to institutional standard
SPV
Multi-SPV oversight frameworks for complex structures
100%
Independent advisory — no fund management conflicts
Process

How We Work

01

Governance Audit

We assess your existing fund governance against institutional best practice.

02

Framework Design

We design the board, committee, reporting and compliance oversight framework.

03

Documentation

We produce all governance documents — terms of reference, policies, templates.

04

Ongoing Support

We advise on governance issues as they arise during the fund lifecycle.

Common Questions

Frequently Asked

An independent director is a board member with no financial interest in the fund manager's business. Most institutional investors and regulators expect independent directors on fund boards — they provide the oversight layer that protects LP interests when GP/LP conflicts arise.
Industry standard is quarterly reports within 45–60 days of quarter-end, plus audited annual accounts within 120 days of year-end. We design reporting templates and timelines at the governance setup stage.
Even a single-asset SPV needs documented board resolutions for all material decisions, a clear audit trail of cash flows, and reporting to the master fund or investors. We design lightweight but compliant governance frameworks proportionate to the SPV's complexity.

Ready to Strengthen Your Fund Governance?

Our Fund Governance team designs oversight frameworks that protect investors, satisfy regulators and build institutional confidence in your fund.