Bard Consulting

FIDUCIARY OPINIONS OF RELATED-PARTY TRANSACTIONS

Fiduciary Opinions of Related Party Transactions

 

Fiduciary Opinions Of Related-Party Transactions


WHY IT MATTERS

Real estate transactions can have real or perceived conflicts between the investment manager and the investors as well as between investors.  An independent third-party opinion can identify the potential conflicts and mitigate the risks.


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Bard Consulting has provided approximately 30 fiduciary opinions on related-party transactions since 2006.

WHAT WE DO

Our fiduciary opinions are rendered on behalf of investors or the advisory boards of funds.  Our approach is to first determine the relationships and motivations of the relevant parties, identify potential conflicts, and then determine what is required to mitigate any real or perceived conflicts. Bard Consulting has provided over 30 fiduciary opinions on related-party transactions since 2006.

Retention of manager-affiliate service providers

Bard reviews affiliate qualifications, the proposed economic terms, and comparison to market when an investment manager seeks to retain an affiliate to provide services. 

Purchase/sale of assets between investment vehicles

Bard evaluates the terms and pricing for appropriateness and comparison to market for transfers between vehicles and determines if the asset conforms to the acquiring entity‚Äôs investment guidelines. 

Transactions between affiliated parties

Bard reviews a variety of transactions between affiliated parties to render an opinion on the terms of the transaction.