Directorship Services

Appleby offers independent director services for hedge funds, private equity funds, SPVs and other structures.

In the current environment, there is heightened focus on good corporate governance, independent oversight and decision-making within funds and SPVs. Clients are seeking a service that is tailored for their needs and objectives in addition to high-quality independent regulation by service providers who can constructively evaluate the actions of the executive management. Appleby offers qualified and experienced directors who are committed to addressing these needs.

Appleby’s directors have extensive experience with financial markets, corporate governance, investment funds and SPV structures and offer a proactive service in which there is regular dialogue between the director and the client.

Our directorship services are supported by Appleby’s first-class legal capabilities, giving clients a value-added service and reassurance. We are also able to offer a full range of complementary services, including registered office and corporate secretarial services.

As a minimum, we will provide the following directorship services:

• Attendance at regular board meetings in person or by conference call as frequently as required by virtue of the company’s investment strategy and activities
• Regular proactive dialogue with the client and other board directors
• Review of any significant contract to be entered into by the company
• Review and approval of the company’s financial statements
• Review of proposed changes to statutory documentation, including the company’s memorandum and articles of association, prior to the company adopting such changes
• If the company is an investment fund, reviewing its offering document, etc. prior to those documents being adopted