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Successor & Portfolio Management
Cork Gully provides regulated portfolio-management services for mature, tail-end or challenged funds. As an FCA-authorised and regulated portfolio manager, we can work alongside an incumbent manager as sub-adviser or delegated portfolio manager or assume responsibility as successor investment manager where a transition is required.
Our focus is on maintaining continuity, strengthening governance and actively managing complex, non-core or residual portfolios to protect value and return capital. This capability draws on Cork Gully’s wider experience across more than ten asset classes and investment strategies, with our role adapted to the circumstances of each mandate.
Challenges We Address
- Incumbent managers requiring additional expertise or dedicated resources
- Residual portfolios competing with the demands of newer funds
- Manager retirement, withdrawal, incapacity or loss of key personnel
- Conflicts, underperformance or breakdowns in stakeholder confidence
- Complex, illiquid or difficult-to-manage investments
- Incomplete records, reporting or portfolio information
- Governance and operational disruption during a manager transition
- Funding, valuation and realisation decisions requiring active oversight
- Investors requiring continuity and an accountable path to resolution
Our Services
- Sub-advisory and delegated portfolio-management mandates
- Successor investment management
- Orderly manager transition and portfolio handover
- Portfolio review, segmentation and management planning
- Active oversight of investments and portfolio companies
- Governance, valuation and risk management
- Cash-flow, reserve and follow-on funding management
- Coordination of administrators, custodians and other service providers
- Investor, board and stakeholder reporting
- Development and execution of asset-management and realisation strategies
Our Approach
- Establish an agreed mandate, governance framework and reporting structure
- Secure and review the fund’s records, documentation and portfolio information
- Assess each investment, its risks and available strategic options
- Prioritise assets and develop a costed portfolio-management plan
- Maintain continuity throughout any manager transition
- Implement the agreed strategy with disciplined oversight and transparent reporting
- Draw on Cork Gully’s restructuring, fiduciary and special situations capabilities where required
“We provide the continuity, expertise and active management required to protect value and return capital from complex or residual portfolios.”
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