The Standards Board for Alternative Investments, an active alliance of institutional investors and alternative asset managers, has published new guidance for asset managers: Internal Governance – A Roadmap for Asset Managers.
The Standards Board for Alternative Investments (SBAI), an active alliance of institutional investors and alternative asset managers, has published new guidance for asset managers: Internal Governance – A Roadmap for Asset Managers.
The SBAI and its Governance Working Group have previously published other guidance, including Cash Handling and Cyber Security and Conflicts of Interest in Parallel Funds.
Strong internal governance is vital for asset managers and central to institutional investor operational due diligence. The form this governance takes however, will differ depending on the size and maturity of the firm, and the complexity of the products offered.
This report explores key focus areas for governance within asset managers and suggests the types of structures that should be in place for small, mid-size and larger asset managers.
Governance is at the heart of the SBAI, forming the basis of its Alternative Investment Standards and seen throughout the practical guidance memos in its Toolbox.
