Along with our existing governance services, Carne can also provide experienced Risk Directors, who are independent fund directors with additional skills derived from their careers in banking, fund management or as risk management professionals.
Risk Directors can fulfil both the function of independent oversight for the board of a fund and that of an additional, risk focused approach to the fund’s governance. As regulators and European directives focus ever more attention on effective risk reporting and documentation at the board level, we find that our Risk Directors are in demand from asset managers seeking an additional level of comfort at the fund governance level.
Carne Risk Directors are available in all the major fund jurisdictions in which we provide governance services. In addition, they draw on the markets and illiquid assets expertise of our central risk team to provide a more highly informed level of oversight and reporting on underlying fund strategies.