Management of the GP's Organisation
Management are those members of the board or an executive committee who have executive roles within the GP’s organisation and those other employees who work with the executives to deliver the business strategy of the GP.
Their responsibilities in relation to governance of the business include responsibility for the effective implementation of the strategy of the GP, the management of risk and compliance with applicable regulatory requirements and industry standards.
The GP has a responsibility to ensure that it has adequate resources to execute its investment strategy, manage the fund and its overall business in full compliance with applicable regulations, and fulfil its reporting and other contractual duties to its investors.