Further services

Operational services (optional)

• Organisation and/or assistance in setting up special-purpose vehicles (SPVs)
• Organisation and/or assistance in setting up external broker lines for SPVs
• Provision of investment management licence
• Production of periodic fact sheets on individual fund products
• Settlement/handling of trailer fees
• Mediation of external professionals for all possible areas of investment (equities, bonds and time deposits / private equity / real estate)
• Divestment of assets invested (or liquidation of the fund on expiry of the agreed holding period) at the best possible market price by means of various exit options
• Advisory services concerning tax-optimised structures (together with external partners)
• (Support for the promoter in) raising capital via the Valartis Group network

Independent custodian bank services

• Issue (subscription) and redemption of fund units
• Safekeeping (custody) of fund units and fund assets
• Keeping the share register
• Performance of diligence duties
• Monitoring of fund investment guidelines
• Execution and control of fund payment transactions in line with the regulations
• Sale and purchase of all target investments (execution)
• Execution and monitoring of all settlements (corporate actions)
• Monitoring of appropriation of profit
• Independent calculation / plausibility testing of the net asset value (NAV)
• Plausibility testing of investors (in the case of qualified investors)
• Checking prospectuses and agreements whereby funds are established
  
  The function of custodian bank as required by law is usually performed by Valartis Bank (Liechtenstein) AG

Services provided by the external auditors

• Assistance in setting up the fund and checking the legally prescribed prospectuses
• Ongoing auditing of the fund and the associated publications
• Supervision of mandates, e.g. potentially by PWC / Ernst & Young / ReviTrust AG

Services provided by the Liechtenstein Financial Market Authority (FMA)

• Fund authorisation
• Ongoing supervision of the fund company, the custodian bank and the fund products under management

Services rendered by external providers

• Tax consultancy
• Independent expert opinions, e.g. valuation of private equity or real estate investments
• Formation of (holding) companies, e.g. for more efficient cash flow management within the fund structure
• Assumption of governing body functions (e.g. in holding companies)