ASSET & WEALTH · DISCRETIONARY MANAGEMENT
Fund Management
Company Framework
The management company is not the fund. It is the licensed entity standing behind it, capitalised and staffed to satisfy a regulator today and structured to carry the second and third fund without being rebuilt — with delegation and oversight of investment management, risk and valuation, administrator and depositary relationships, and board reporting all in place from launch.
THE SPECIFICATION
Architecture & Audience
The manager and the fund are two different institutions, and confusing them is the most common structural error in this domain. The fund holds the assets and the investors; the management company holds the licence, the people, the process and the liability. A firm that intends to launch more than one product needs the second built properly before the first is raised.
Managers preparing to launch a second or third fund; teams building a platform rather than a product; and sponsors who need a manager entity separate from the vehicles for tax, liability or investor reasons.
What We Deliver
A complete architecture, designed, launched, and managed
We design and licence the management company as a standalone legal entity, separate from any fund it manages. The structure is built to hold a second and third fund without requiring a rebuild.
We establish the fund vehicle alongside the manager, with documentation that reflects the strategy rather than a template. Structure, domicile, and share class design are decided before any document is drafted.
We source and negotiate with fund administrators and depositaries whose capabilities match your strategy and investor base. Fees and service levels are benchmarked before appointment.
We draft the investment management and sub-advisory agreements that govern how discretion is exercised and reported. Regulatory obligations under delegation are fully mapped and allocated.
We constitute the board and committee structure required to satisfy the regulator and institutional allocators. Independent director arrangements and conflicts-of-interest policies are built in from the start.
We design the management fee, performance fee, and expense allocation mechanics that are defensible to investors and regulators. Every fee is documented, disclosed, and auditable.
We implement the investor classification and verification process required to accept capital compliantly. The process satisfies both regulatory standards and the expectations of institutional allocators.
We deploy the order management, risk, and reporting infrastructure required to run the mandate and meet investor obligations. The systems are integrated with custody and the administrator from launch.
We manage the regulatory submissions required at both manager and fund level across all relevant jurisdictions. Reporting is delivered on time, in the prescribed format, without exception.
What We Deliver
A complete architecture, designed, launched, and managed
We design and licence the management company as a standalone legal entity, separate from any fund it manages. The structure is built to hold a second and third fund without requiring a rebuild.
We establish the fund vehicle alongside the manager, with documentation that reflects the strategy rather than a template. Structure, domicile, and share class design are decided before any document is drafted.
We source and negotiate with fund administrators and depositaries whose capabilities match your strategy and investor base. Fees and service levels are benchmarked before appointment.
We draft the investment management and sub-advisory agreements that govern how discretion is exercised and reported. Regulatory obligations under delegation are fully mapped and allocated.
We constitute the board and committee structure required to satisfy the regulator and institutional allocators. Independent director arrangements and conflicts-of-interest policies are built in from the start.
We design the management fee, performance fee, and expense allocation mechanics that are defensible to investors and regulators. Every fee is documented, disclosed, and auditable.
We implement the investor classification and verification process required to accept capital compliantly. The process satisfies both regulatory standards and the expectations of institutional allocators.
We deploy the order management, risk, and reporting infrastructure required to run the mandate and meet investor obligations. The systems are integrated with custody and the administrator from launch.
We manage the regulatory submissions required at both manager and fund level across all relevant jurisdictions. Reporting is delivered on time, in the prescribed format, without exception.
Infrastructure Selection
X-CHASE holds no commercial interest in any provider, assessing them strictly on live performance, structural fit, and renewal terms. Providers are named exclusively under formal engagement, never on a public website.