Principal Manager Services

IFM Can:

  • Offer principal management services for all fund types and structures which do not benefit from the Investment Management Exemption, ensuring that reporting obligations to EEA regulators are met;
  • Provide substance – infrastructure, staff, systems, risk management, reporting disclosure and supervision of delegated activities;
  • Offer oversight and monitoring of the Investment Advisor's activities taking into account investment restrictions, liquidity performance, fund performance, LTV if applicable and fund risk rating etc.;
  • Provide investor reporting and drafting of fact sheets;
  • Review investment processes and procedures by undertaking operational due diligence;
  • Monitor promotion of the fund in accordance with distribution advice provided by legal counsel;
  • Undertake site visits to the administrator to review processes, to ensure compliance with fund prospectus and regulation;
  • Review performance against benchmarks and peer groups;
  • Ensure adherence to fund documents and agreements;
  • Liaise with administrators, board, officers and other service providers.

Chris Hickling

Managing Director

BACKGROUND

Chris joined PraxisIFM in 2009 as part of the purchase of Investec Administration Services' client book. Having initially joined our Operations team he became Managing Director of IFM later that year.

He had previously worked for Close Fund Services for six years, during which time he reviewed and implemented new operational procedures leading to a more focused and risk-based approach on a broad range of funds. Reviews included the areas of pricing and risk, NAV production and dealing with fund advisors. 

He continues to sit on a number of fund and general partner boards and oversees all management services including adherence to distribution rules and investor reporting.

EXPERTISE

Chris' focus is primarily on developing opportunities in fund management, risk management and AIFMD/UCITS solutions.

QUALIFICATIONS

ACA

Shaun Robert

Director

BACKGROUND

Shaun has extensive front to back experience in fund administration across transfer agency, fund custody, trustee and AIFMD depository lines of business. For more than 25 years he has dealt with most fund structures across a wide range of strategies such as hedge funds, fund of funds, fund of hedge funds, debt, bond and equity funds.

He gained valuable experience with Close Fund Services, Credit Suisse Fund Administration and J.P. Morgan Custody Services. Shaun has also held prescribed positions as recognised by the Guernsey Financial Services Commission for over 10 years, including Directorships and MLRO positions.

As a Director of IFM, Shaun offers advisors and boards with fund and risk management services solutions, including AIFMD and UCITS, providing PPM reporting and registrations for cross border marketing, together with consulting services for managers and boards seeking adherence to AIFMD and UCITS. He also assists with oversight and governance of the day-to-day business.

EXPERTISE

His risk management service solution advice to advisors and boards.

QUALIFICATIONS

Member of the Chartered Institute for Securities and Investments.