The Fund Manager is evolve Fund Services Ltd. evolve is responsible for managing the assets on behalf of the Partnership in accordance with the Investment Strategy. The terms of the fund management agreement are primarily to ensure that the Partnership adheres to the Investment Strategy and to work to achieve this aim. It also includes:
- Completing due diligence and investment appraisals for proposed acquisitions and disposals;
- Ensuring property management and asset management initiatives are reviewed and exploited;
- Assisting the Operator with any crisis equity redemption requests from Investors prior to the end of the Investment Period;
- Arranging the appointment of members of the Professional Team for the Partnership and recommending such appointments or terminations to the General Partner;
- Liaising with the Operator to ensure the Partnership is following the Investment Strategy. It will also liaise with other members of the Professional Team;
- Retaining relations with any banks; and
- Supervising property management issues (e.g. rent reviews, rent collection, insurance, and service charges etc.).
For more information on evolve Fund Services Ltd, its existing funds and track record please see www.evolvefs.co.uk