Recommendations

Management is Responsible for Control Activities

The article below briefly explains how can management fulfil its obligations in respect of control activities.

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Management is Responsible for Establishing the Control Environment

This article will briefly explain how should management approach establishing the control environment.

Funds

What is a Control Environment?

In order to promote regulatory uniformity between various sectors of the financial services industry, the concept of a “control environment” has been introduced to the industry. The concept consists of the sum of the various protective measures taken, often referred to as “control activities”, to ensure that actions taken on

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Corporate Governance in the GP Context

In this article we are going to understand the features of corporate governance in the context of the industry and the General Partner (GP) of the Fund.

Funds

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

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Establishment of New Funds

When should the GP establish further funds? Let's try to understand it from the this article.

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Conflicts of Interest Between Funds

In this article we will try to understand what should a GP do when a conflict of interest arises between funds that it manages.

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Provisions The Fund Documents Should Include On Liquidation

Explanation The GP’s powers and responsibilities on liquidation, if the GP is to act as liquidator, will usually be set out in the fund documents and, in most jurisdictions, be subject to a detailed legal framework. It is important that these provisions are clear and exhaustive to reduce the

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What Issues Should The GP Address on Liquidation?

In this article we will take a look at the issues the GP should address on liquidation.

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The Factors a GP Should Consider In Assessing The Possibility of Extending The Fund Life

In this article we will understand what the fund extension is and will review the factors a GP should consider in assessing the possibility of extending the fund life.

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Secondary Direct Transactions

In this article we will try to understand the particular measures GPs should take when preparing for and executing a secondary direct sale.

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LP Secondary Transactions

In this article we will take a look at the procedures that should be followed in a secondary sale of an LP interest.