Vehicle Analysis

Challenges

Challenges for professional investors have clearly increased:
- Target yields are not achieved
- Difficult portfolio clearance due to shareholder structures (indirect investments, pool funds)
- Regarding structures and processes of fund, asset and property management
- Potential divergence of interests (contractual agreements, incentive structures)
Indirect investments are to be re-positioned
Existing contract structures with defined maturities prevent an immediate adjustment
Vehicle analysis: levers for alignment and establishment of negotiation power towards investment managers

Bundling of investor interests (e.g. in case of club-deals) for creation of a concerted investment strategy and the improvement of the strategic position
Flexible design of contract relations (intensive analysis of contract design and fulfilment for the benefit from uncertainties/degrees of freedom in the contracts
Evaluation of reporting key figures for improvement of transparency and steering efficiency
Remuneration-related steering (incentives)
Preparation of a concrete implementation/migration plan

Dissolution of target conflicts, improvement of negotiation power and exploiting of spheres of action
Structured, condensed and timely controlling
(New) Incentives for investment managers
Creation of a blueprint target model of vehicle selection and contract design for enforcement of investor interests (subscription)