LGPS Central UK Direct Property Fund Depositary
What the buyer wrote
LGPS Central will be the AIFM of the Property ACS and wishes to appoint a Depositary to: - Provision of a Formal Property Procedure for the sale and disposal of assets the Investment Manager will be expected to follow.- Monitoring the AIF’s cash flows.- Monitoring that the investor transactions, sale, issue, repurchase and redemption of units in the funds are processed correctly and on a timely basis.- Monitoring that the investments are appropriate.- Oversight of the register of investors.- Monitoring NAV calculations according to the prospectus and regulatory requirements.- Oversight of income and distributions.- Monitoring reconciliation of cash accounts and reviewing cash flows.- How you…
Details
- What the buyer calls it
- LGPS Central UK Direct Property Fund Depositary
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Where
- in the West Midlands, in the East Midlands
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
Jessica Prince was the named contact on this notice.