Report

Trustee Governance Handbook: Alternatives Oversight

A practical guide for trustees overseeing private-market and alternative investments.

Abstract editorial illustration: governance

Trustee Governance Handbook: Alternatives Oversight

PDF · Example file

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Trustees increasingly oversee allocations to private equity, private credit and infrastructure. This example handbook outlines key oversight questions.

  • Is the allocation consistent with the fund's liability profile and liquidity needs?
  • How are valuations determined and reviewed?
  • What are the total costs, including carried interest?
  • How are conflicts of interest managed?

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