Beechbrook has three fund strategies: Private Debt; UK SME Credit; and Ireland SME. Beechbrook has appropriate measures to identify potential or actual conflicts of interest. Relevant remedies are actioned if/when appropriate:
conflicts relating to or between the firm, employees and representatives or any person directly or indirectly linked to them by control, and a fund or its underlying investors
conflicts between different funds managed by Beechbrook
conflicts between the investors of funds managed by Beechbrook
The UK SME Funds focus on the UK and solely on non-PE backed businesses. The Private Debt Funds only invest in sponsor-backed transactions. The Ireland SME Fund focuses solely on the Republic of Ireland. The funds have non-conflicting investment strategies. The investment teams for the funds are separate, although there is some shared junior, originations and administration resource.
Each team is incentivised on the performance of its fund, with appropriate incentives to pass referrals to each other to maximise origination capacity. Each of the funds have investor-populated Advisory Committees and all potential conflicts of interest are referred to these committees for advice. Beechbrook has also appointed a senior Advisory Board to advise the manager, inter alia, on potential conflicts of interest that may arise.