PAI Partners is a member of France Invest (ex AFIC). France Invest complies with the framework of the professional ethics regulations (règlement de déontologie) enacted by France Invest and the Association Française de la Gestion Financière (AFG), which provide specific rules with regards to conflicts of interest.
PAI Partners will take all reasonable steps to identify conflicts of interest between:
- the Firm, including its employees, or any person directly or indirectly linked to the Firm by control and a Fund or the shareholders of the Fund; - one Fund or its shareholders and another Fund or its shareholders;
- a Fund or its shareholders and another client of the Firm; or
- two clients of the Firm that arise in the course of the Firm providing services to Funds.
PAI Partners will keep records of circumstances in which a conflict of interest may arise or has arisen and will update these records regularly.
PAI Partners will maintain and operate effective organisational and administrative arrangements with a view of taking reasonable steps designed to prevent conflicts of interests from adversely affecting the interests of its clients.