Cinven’s only business is managing institutional capital for investments in European buyouts. As such, no conflicts of interest are anticipated among the individuals or organisations that comprise the Cinven group.
Procedures for the management of conflicts of interest are incorporated into the Limited Partnership Agreements under which the Cinven Funds are established. Specifically there are strict guidelines relating to any potential conflicts of interest between separate Cinven Funds and between the Cinven Funds and the Manager or Advisers.
While Cinven does not anticipate that any conflicts of interest will occur, an Advisory Committee is appointed, comprising representatives of the Limited Partners. The Advisory Committee shall be consulted by the Manager with respect to issues involving potential conflicts of interest in the event they do occur. The members of the Advisory Committee shall not take part in the management of the fund’s business.