Number of people who act as directors of funds in your organisation 8
Total number of employees 21
Jurisdictions in which you operate
Our principal jurisdiction is the Cayman Islands. Our Directors are also resident in Washington DC, New York City and Hong Kong from where they service managers/funds domiciled in other jurisdictions as well
Categories of funds for which you act as directors
Hedge Funds, Fund of Funds, PE, infrastructure funds and Banks regulated by CIMA, CFTC, SEC, FCA, FINMA, FSC under various regulations including Cayman registered and administered funds as well as AIFMD and 40 Act Funds
Does your organisation offer services in addition to directorships?
Physical presence services that includes office facilities, Investment committee, corporate secretarial, MLRO, risk monitoring, accounting, liquidations and consultancy
Are you independent or are you part of a larger entity?
How would describe your approach to fund governance?
We are a high end provider of professional director services which only recruits seasoned professionals who have significant experience from holding senior roles within the industry (average over 20 years) and are truly independent. We guarantee that our Principals who act as Directors will limit the number of relationships that they take on so that they can properly fulfil their fiduciary duty to the Fund, work within their capacity and remain responsive and actively engaged. Our approach is that our Principals do all of the work themselves and only appoint alternates in very rare and unavoidable circumstances, however for administrative, corporate secretarial and other services we have a team of 12 highly qualified and experienced account officers including qualified accountants, lawyers and past regulators. We strive to ensure that current best practices are observed at all times and to add value to our Fund relationships. We keep up to date and advance our profile within the industry by speaking at conferences and are often requested to participate in industry and government round tables, working groups and consultations. We believe in being transparent and have a DDQ which outlines our approach to corporate governance. Our DDQ also includes data on the number of relationships each HighWater director has, analysed by strategy and updated quarterly. We provide this to the investor community to assist them with their due diligence process and to assist us with our goal of maintaining strong relationships with them. We also meet with investors regularly and hold many events and working groups with them in order to ensure that we maintain an in-depth understanding of their views on issues and on how they expect a non executive director to represent them on fund boards.