Portfolio Management means the control and direction of a portfolio of investments in accordance with the defined investment policy of a fund. Like Risk Management, Portfolio Management has been performed informally but is now a requirement under the Alternative Investment Fund Managers Directive (AIFMD).
In practice Portfolio Management entails the thorough review of each deal due diligence pack and its acceptance or rejection by independent board directors in the jurisdiction of the fund.
Other activity such as the creation of each due diligence pack, ongoing review of the performance of each investment and proactive discussion with the onshore investment adviser regarding existing and potential investments ensures that the fund is demonstrably providing offshore portfolio management in compliance with the AIFMD and BEPS measures.
How can Ipes help with Portfolio Management?
Review each investment recommendation and its associated due diligence
Review the performance of each investment as part of a calendar of scheduled board meetings
Manage the compilation of investment due diligence packs and their sign off approvals
Compile the presentation of investment performance commentary for review