Many potential investment conflicts are governed by OpCapita’s existing regulatory requirements. However, please see below for examples of OpCapita's policy:
Historically, due to the deal-by-deal nature of the firm, personnel have been permitted to invest on a deal-by-deal basis and/or different terms to those offered to Investors. However, employees were encouraged to invest in a personal capacity on a pari passu basis with the funds raised from clients in order to minimise the potential for conflicts. As the firm now has a fund structure, the potential conflict is further reduced and is mostly restricted to historic deals.
Allocation of time and resources and portfolio investments
Historically, the firm made investments on a deal-by-deal basis which posed a risk that employees would act in the best interests of an individual company rather than of the portfolio. This potential conflict is addressed through the remuneration policy of the firm, which is structured to ensure that employees both invest in and receive carried interest in all deals. Performance-based discretionary bonus is also material. As the firm now has a fund structure, the potential conflict is further reduced and is mostly restricted to historic deals.