Why do we exist?
It’s simple: There has never been a greater need for expertise and independence at board level. We saw that the demand for high quality offshore directors wasn’t being met. We identified an opportunity to carve a niche and we took it. By applying our substantial fund management knowledge to the board, we sought to overhaul an outdated system and set the new professional standard.
Why appoint an independent director?
Directors are responsible for key decisions regarding acquisitions, disposals, (re)financing, risk management, valuation, conflicts of interest and the selection and monitoring of third party service providers. Competent independent directors who devote sufficient time and bring relevant skills and experience can add substantial value to the decision making process.
Out of the
Why choose Rivington Pike?
Although we set the standard, there is nothing standard about us. We like to do things differently. So if you’re seeking something out of the ordinary, you’re in the right place. To find out if we’d be a good fit for you, take a look at our philosophy. If it resonates, contact us. We always enjoy getting to know new people and finding out how we can help.
Why is “effective” a key word?
An effective board makes well informed, high quality decisions which prudently manage risk and drive value creation. Effective directors have a thorough understanding of the subject matter and the relevant legal and regulatory frameworks. They also instil a positive board culture by upholding high standards of integrity, encouraging open dialogue and being prepared to challenge.
Stand Up To
Why is credibility essential?
Our knowledge and experience are put to the test by the investor due diligence process, by the fund manager during the day-to-day running of the board and by regulatory and tax authorities seeking proof of substance. We help to attract investor capital, ensure the board runs smoothly and provide the substance which allows the governance and tax structure to function as intended.
Meet The Demand
Why does substance matter?
The EU’s Alternative Investment Fund Manager’s Directive (AIFMD) and the OECD’s Base Erosion Profit Shifting Initiative (BEPS) both place significant emphasis on demonstrating substance. Substance is created in an offshore location when key decisions regarding investment, risk and portfolio management are taken there by directors who have sufficient expertise and seniority.
Following the financial crisis, many investors enhanced their fund manager due diligence procedures. Rigorous operational assessments and director competence reviews now form an integral part of the investment decision making process. Capital raising success is now in part dependent on the ability of directors to meet investors’ heightened expectations and provide them with comfort. We do.