Private Markets
We support institutional investors throughout the entire lifecycle of alternative investments – from the initial selection of funds through to the ongoing management of complex alternative asset portfolios. In doing so, we combine private markets expertise, regulatory know-how, reporting competence and operational execution capabilities to deliver an integrated range of services. Our expertise spans real estate, infrastructure, private equity and private debt, right through to hedge funds.
1. Selection
We help you identify the right investments:
- Structured analysis and selection of suitable target funds and managers
- Review of fund structures, legal forms and regulatory frameworks
- Assessment of legal, operational and financial risks
- Analysis of investors’ rights to information and participation
- Support in selecting suitable vehicle and investment structures
2. Subscription
We implement your investments professionally:
- Support throughout the entire subscription process right up to closing
- Negotiation and structuring of side letters to ensure that individual investor requirements are met
- Taking into account regulatory, tax and operational requirements
- Defining additional reporting and data provision obligations vis-à-vis target fund managers
- Organising data availability to meet controlling, reporting and governance requirements
3. Controlling
We provide you with transparency regarding performance, liquidity and risks:
- Consolidation and standardisation of heterogeneous data sources and target fund reports
- Monitoring of capital calls, distribution of dividends, NAV performance and available dry powder
- Ongoing performance tracking using established private markets performance statistics
- Analysis of variances between target and actual figures, as well as performance and liquidity trends
- Creation of a robust data foundation for strategic portfolio management
4. Reporting
With us, you gain transparency right down to the level of the target fund:
- Look-through reporting from the portfolio level down to the asset level of the target funds
- Consolidated presentation of performance, risks, liquidity and capital flows
- Analysis of asset allocation, commitments and liquidity trends
- Reports by asset class, region, vintage year, investment style and sectors
- Modular reporting system featuring portfolio overviews, factsheets, deal analyses and customised reports
5. Management
Active management of complex portfolios is our standard practice:
- Ongoing monitoring of portfolio allocations and risk positions
- Management of liquidity, commitments and capital calls
- Support with reallocations, restructurings and special situations
- Analysis of sources of return, exposure structures and portfolio risks
- Provision of well-founded decision-making bases for investment committees and investors
6. Additional Services
We are also happy to go the extra mile for you:
- Structuring mandates and selecting suitable fund vehicles
- Regulatory reporting, as well as support with the German Commercial Code (HGB) and IFRS
- Customised interface and data solutions
- Digital e-reporting with comprehensive analysis, risk and cash flow functions