FUND GOVERNANCE

AURUM FUND GOVERNANCE

We provide Independent directors and independent advisors to our clients. Our team is highly experienced and well position to provide independent oversight of the fund’s day to day operations, compliance structure, and investment management restrictions.

AURUM’s team of directors have over a century of experience. We have experience with complex hedge and private equity structures, investment manager operations, navigating complex compliance and regulatory environments, fund administration, and the Cayman Islands regulatory requirements. Regardless of your needs, the AURUM team is well positioned to offer guidance.

Our goal is to use our extensive investment management and commercial experience to ensure your board runs efficiently and effectively while providing your investors with the independent oversight they demand.

AURUM FUND GOVERNANCE

We provide Independent directors and independent advisors to our clients. Our team is highly experienced and well position to provide independent oversight of the fund’s day to day operations, compliance structure, and investment management restrictions.

AURUM’s team of directors have over a century of experience. We have experience with complex hedge and private equity structures, investment manager operations, navigating complex compliance and regulatory environments, fund administration, and the Cayman Islands regulatory requirements. Regardless of your needs, the AURUM team is well positioned to offer guidance.

Our goal is to use our extensive investment management and commercial experience to ensure your board runs efficiently and effectively while providing your investors with the independent oversight they demand.

aurum difference

We limit the number of relationships to ensure we are readily available to assist our clients

We work with our managers to provide value between board meetings

We are a resource for our managers and actively pursue dialogue throughout the year

We aim to be part of the solution rather than simply approve the decision at the next board meeting

AURUM GOVERNANCE SERVICES TO CAYMAN CORPORATE ENTITIES

Hold office as Independent Director to Cayman Limited Companies
✓ Use all reasonable endeavors to protect the interests of the fund(s)

✓ Regularly monitor and supervise functions delegated to third parties (Investment Management, Administration, etc.)

Participate in periodic board meetings (minimum 2 per year, 4 as best practice)

Review of transactions, contracts and other activities as required

✓ Assist with compliance with all other legal and regulatory requirements

AURUM GOVERNANCE SERVICES TO DELAWARE AND CAYMAN LIMITED PARTNERS

Hold office as Advisory Board Member which typically includes oversight of:

  • Amendment, supplement, or modification to the Offering Documents
  • Review material waiver or modification to any Limited Partner withdrawal terms
  • Any transaction involving a material potential conflict of interest between the General Partner (or its Affiliates) and the Partnership
  • Approval of annual audited financials
  • Any suspension or postponement of NAV Calculations or Withdrawals
✓ Use all reasonable endeavors to protect the interests of the fund

AURUM DIRECTORS HAVE BEEN RECOGNIZED BY THE NED RISK AND GOVERNANCE (“THE NED”)

The NED’s green independent directors notification has been given to independent fund directors that they have categorized as a Green rated, the top categorization, by The NED.  Being in the top Green rated echelon means that they have been included in the database of independent fund directors that The NED will be promoting to selectors of fund boards.