An investor should have a consistent, documented house view of a vehicle shared by all personnel involved to avoid last minute difficulties.  

Ein Anleger sollte über eine einheitliche, dokumentierte „House View“ des Vehikels verfügen, die von allen beteiligten Mitarbeitern geteilt wird, um Probleme ...

At the end of the vehicle’s life, it is recommended an investor advisory committee be put in place, if it does not already exist, to participate in the wind-up or extension p ...

Sollte diese noch nicht bestehen, wird empfohlen, zu Ende der Vehikellaufzeit einen Beratungsausschuss für Anleger einzurichten, welcher am Auflösungs- oder Verlänge ...

The investment manager should be prepared to wind up the vehicle if agreement on an extension cannot be reached.  

Der Investmentmanager sollte darauf vorbereitet sein, das Vehikel aufzulösen, falls keine Übereinstimmung über eine Verlängerung erzielt wird.  

Generally, when a function and its related services is frequently outsourced to third parties and the vehicle designates the investment manager to perform this function internally, ...

If considered meaningful, a TGER tax may be also calculated and disclosed by the investment manager to reflect the cost associated with tax structures and taxable income. The ...

TGER represents a natural progression from the previously reported INREV TER and includes several additional fees. A mapping of TER to TGER is summarised below, including its ...

TGER was designed to consider all relevant elements of a non-listed real estate vehicle load – including both fees and costs. Care should be taken to ensure an “apples ...