GP / LP Fund Services

Capital Raising for a Fund

Capital Raising for a Fund

Capital Raising for a Fund

Stir­ling Infra­struc­ture’s Funds Group is a spe­cial­ist in rais­ing cap­i­tal for infra­struc­ture funds. 

Our ana­lysts assess the fund’s strat­e­gy, appraise the fund’s invest­ment man­age­ment and review the doc­u­men­ta­tion through a due dili­gence process to form an opin­ion on the fund cap­i­tal raise. All cap­i­tal raise requests by asset man­agers are bench­marked against the per­for­mance of oth­er com­pa­ra­ble funds and a range of in-house KPIs. The ana­lysts will present their find­ings to the fir­m’s Invest­ment Board, com­posed of infra­struc­ture exec­u­tives with sub­stan­tial invest­ment experience. 

The Invest­ment Board will meet to dis­cuss the pro­pos­al and the ana­lysts’ find­ings, and it will either: 

  • Accept the man­date to act as an advi­sor to raise cap­i­tal for the asset man­ager’s fund; or 
  • Require the asset man­ag­er to take fur­ther action for the fund to be suit­able for insti­tu­tion­al investors cap­i­tal raise; or
  • Decline the man­date to raise cap­i­tal for the fund as it does not meet the fir­m’s bench­marked criteria 

The Invest­ment Board accepts man­dates that will meet the cap­i­tal allo­ca­tion require­ments of insti­tu­tion­al investors. 

Stir­ling Infra­struc­ture’s Funds Group is a spe­cial­ist in rais­ing cap­i­tal for infra­struc­ture funds. 

Our ana­lysts assess the fund’s strat­e­gy, appraise the fund’s invest­ment man­age­ment and review the doc­u­men­ta­tion through a due dili­gence process to form an opin­ion on the fund cap­i­tal raise. All cap­i­tal raise requests by asset man­agers are bench­marked against the per­for­mance of oth­er com­pa­ra­ble funds and a range of in-house KPIs. The ana­lysts will present their find­ings to the fir­m’s Invest­ment Board, com­posed of infra­struc­ture exec­u­tives with sub­stan­tial invest­ment experience. 

The Invest­ment Board will meet to dis­cuss the pro­pos­al and the ana­lysts’ find­ings, and it will either: 

  • Accept the man­date to act as an advi­sor to raise cap­i­tal for the asset man­ager’s fund; or 
  • Require the asset man­ag­er to take fur­ther action for the fund to be suit­able for insti­tu­tion­al investors cap­i­tal raise; or
  • Decline the man­date to raise cap­i­tal for the fund as it does not meet the fir­m’s bench­marked criteria 

The Invest­ment Board accepts man­dates that will meet the cap­i­tal allo­ca­tion require­ments of insti­tu­tion­al investors. 

Stir­ling Infra­struc­ture’s Funds Group is a spe­cial­ist in rais­ing cap­i­tal for infra­struc­ture funds. 

Our ana­lysts assess the fund’s strat­e­gy, appraise the fund’s invest­ment man­age­ment and review the doc­u­men­ta­tion through a due dili­gence process to form an opin­ion on the fund cap­i­tal raise. All cap­i­tal raise requests by asset man­agers are bench­marked against the per­for­mance of oth­er com­pa­ra­ble funds and a range of in-house KPIs. The ana­lysts will present their find­ings to the fir­m’s Invest­ment Board, com­posed of infra­struc­ture exec­u­tives with sub­stan­tial invest­ment experience. 

The Invest­ment Board will meet to dis­cuss the pro­pos­al and the ana­lysts’ find­ings, and it will either: 

  • Accept the man­date to act as an advi­sor to raise cap­i­tal for the asset man­ager’s fund; or 
  • Require the asset man­ag­er to take fur­ther action for the fund to be suit­able for insti­tu­tion­al investors cap­i­tal raise; or
  • Decline the man­date to raise cap­i­tal for the fund as it does not meet the fir­m’s bench­marked criteria 

The Invest­ment Board accepts man­dates that will meet the cap­i­tal allo­ca­tion require­ments of insti­tu­tion­al investors. 

Fund Selection

Fund Selection

Fund Selection

Infra­struc­ture has estab­lished itself as an asset class to which many insti­tu­tion­al investors do allo­cate capital.

The vol­ume of asset man­agers offer­ing an infra­struc­ture funds for invest­ment has con­tin­ues to increase as this asset class becomes of greater inter­est to LPs.  How­ev­er, from the wide range of funds avail­able in the mar­ket how should an LP deter­mine which one best suits its risk and return objec­tives?  Is it bet­ter to select a well known Asset Man­ag­er or emerg­ing man­ag­er who has a proven track record?  How can one effec­tive­ly bench­mark between funds and under­stand the risks and between both the man­agers and the funds strat­e­gy?  This analy­sis will be fun­da­men­tal to deter­mine whether one is mak­ing a well-informed invest­ment deci­sion. A pru­dent LP will need to be cau­tious, selec­tive, and well-informed on how to select between the array of funds avail­able. With so many funds, it is chal­leng­ing to dif­fer­en­ti­ate between the funds. LP’s will ben­e­fit in work­ing with Stir­ling Infra­struc­ture’s Funds Group as it can inde­pen­dent­ly sup­port them to: 

  • Dis­tin­guish between dif­fer­ent strate­gies across all Asset Managers
  • Short­list the man­agers and fund strate­gies that meet the LP’s risk and return profile
  • Explain the risks in the invest­ment strat­e­gy between funds 
  • Under­stand and explain the liq­uid­i­ty con­straints of the LP’s inter­est in the fund
  • Under­stand the fees charged by the Asset Man­ag­er and penal­ties that will be incurred upon leav­ing the fund
  • Under­stand the fund’s ESG poli­cies, whether they are mea­sur­able, and how they fit with the LP’s ESG requirements
  • Run an objec­tive process to select the most appro­pri­ate Asset Man­ag­er and fund

Stir­ling Infra­struc­ture is a spe­cial­ist infra­struc­ture advi­so­ry firm to insti­tu­tion­al investors. The firm has devel­oped proven sys­tems and method­olo­gies to sup­port an LP through the selec­tion process.

Infra­struc­ture has estab­lished itself as an asset class to which many insti­tu­tion­al investors do allo­cate capital.

The vol­ume of asset man­agers offer­ing an infra­struc­ture funds for invest­ment has con­tin­ues to increase as this asset class becomes of greater inter­est to LPs.  How­ev­er, from the wide range of funds avail­able in the mar­ket how should an LP deter­mine which one best suits its risk and return objec­tives?  Is it bet­ter to select a well known Asset Man­ag­er or emerg­ing man­ag­er who has a proven track record?  How can one effec­tive­ly bench­mark between funds and under­stand the risks and between both the man­agers and the funds strat­e­gy?  This analy­sis will be fun­da­men­tal to deter­mine whether one is mak­ing a well-informed invest­ment deci­sion. A pru­dent LP will need to be cau­tious, selec­tive, and well-informed on how to select between the array of funds avail­able. With so many funds, it is chal­leng­ing to dif­fer­en­ti­ate between the funds. LP’s will ben­e­fit in work­ing with Stir­ling Infra­struc­ture’s Funds Group as it can inde­pen­dent­ly sup­port them to: 

  • Dis­tin­guish between dif­fer­ent strate­gies across all Asset Managers
  • Short­list the man­agers and fund strate­gies that meet the LP’s risk and return profile
  • Explain the risks in the invest­ment strat­e­gy between funds 
  • Under­stand and explain the liq­uid­i­ty con­straints of the LP’s inter­est in the fund
  • Under­stand the fees charged by the Asset Man­ag­er and penal­ties that will be incurred upon leav­ing the fund
  • Under­stand the fund’s ESG poli­cies, whether they are mea­sur­able, and how they fit with the LP’s ESG requirements
  • Run an objec­tive process to select the most appro­pri­ate Asset Man­ag­er and fund

Stir­ling Infra­struc­ture is a spe­cial­ist infra­struc­ture advi­so­ry firm to insti­tu­tion­al investors. The firm has devel­oped proven sys­tems and method­olo­gies to sup­port an LP through the selec­tion process.

Infra­struc­ture has estab­lished itself as an asset class to which many insti­tu­tion­al investors do allo­cate capital.

The vol­ume of asset man­agers offer­ing an infra­struc­ture funds for invest­ment has con­tin­ues to increase as this asset class becomes of greater inter­est to LPs.  How­ev­er, from the wide range of funds avail­able in the mar­ket how should an LP deter­mine which one best suits its risk and return objec­tives?  Is it bet­ter to select a well known Asset Man­ag­er or emerg­ing man­ag­er who has a proven track record?  How can one effec­tive­ly bench­mark between funds and under­stand the risks and between both the man­agers and the funds strat­e­gy?  This analy­sis will be fun­da­men­tal to deter­mine whether one is mak­ing a well-informed invest­ment deci­sion. A pru­dent LP will need to be cau­tious, selec­tive, and well-informed on how to select between the array of funds avail­able. With so many funds, it is chal­leng­ing to dif­fer­en­ti­ate between the funds. LP’s will ben­e­fit in work­ing with Stir­ling Infra­struc­ture’s Funds Group as it can inde­pen­dent­ly sup­port them to: 

  • Dis­tin­guish between dif­fer­ent strate­gies across all Asset Managers
  • Short­list the man­agers and fund strate­gies that meet the LP’s risk and return profile
  • Explain the risks in the invest­ment strat­e­gy between funds 
  • Under­stand and explain the liq­uid­i­ty con­straints of the LP’s inter­est in the fund
  • Under­stand the fees charged by the Asset Man­ag­er and penal­ties that will be incurred upon leav­ing the fund
  • Under­stand the fund’s ESG poli­cies, whether they are mea­sur­able, and how they fit with the LP’s ESG requirements
  • Run an objec­tive process to select the most appro­pri­ate Asset Man­ag­er and fund

Stir­ling Infra­struc­ture is a spe­cial­ist infra­struc­ture advi­so­ry firm to insti­tu­tion­al investors. The firm has devel­oped proven sys­tems and method­olo­gies to sup­port an LP through the selec­tion process.

LP Valuations

LP Valuations

LP Valuations

Stir­ling Infra­struc­ture’s Funds Group offers both fund man­agers and LPs a fair mar­ket val­u­a­tion of the whole fund and of each LP’s inter­est at a giv­en point in time. The process takes into con­sid­er­a­tion a series of fac­tors to deter­mine a fair val­u­a­tion includ­ing analysing actu­al and pro­ject­ed cash flows, assess­ing the cost of cap­i­tal, apprais­ing assump­tions made by the Gen­er­al Part­ner, assess­ing risks, and bench­mark­ing the fund against val­u­a­tions of com­pa­ra­ble funds. 

Stir­ling Infra­struc­ture’s Funds Group offers both fund man­agers and LPs a fair mar­ket val­u­a­tion of the whole fund and of each LP’s inter­est at a giv­en point in time. The process takes into con­sid­er­a­tion a series of fac­tors to deter­mine a fair val­u­a­tion includ­ing analysing actu­al and pro­ject­ed cash flows, assess­ing the cost of cap­i­tal, apprais­ing assump­tions made by the Gen­er­al Part­ner, assess­ing risks, and bench­mark­ing the fund against val­u­a­tions of com­pa­ra­ble funds. 

Stir­ling Infra­struc­ture’s Funds Group offers both fund man­agers and LPs a fair mar­ket val­u­a­tion of the whole fund and of each LP’s inter­est at a giv­en point in time. The process takes into con­sid­er­a­tion a series of fac­tors to deter­mine a fair val­u­a­tion includ­ing analysing actu­al and pro­ject­ed cash flows, assess­ing the cost of cap­i­tal, apprais­ing assump­tions made by the Gen­er­al Part­ner, assess­ing risks, and bench­mark­ing the fund against val­u­a­tions of com­pa­ra­ble funds. 

LP Divestiture

LP Divestiture

LP Divestiture

If an LP seeks to divest its stake in the GP’s fund, we offer the fol­low­ing pro­fes­sion­al services: 

  • Advis­ing on how liq­uid the stake held by the LP on the sec­ondary mar­ket is 
  • Assess­ing whether a dis­count or a pre­mi­um should be applied to the sale of the stake in the sec­ondary market
  • Explain­ing the fees the LP will incur if it seeks to leave the GP’s fund before the end of the dura­tion of the fund
  • Nav­i­gat­ing and advis­ing on the process for the suc­cess­ful dis­pos­al and trans­fer of the LP interest

If an LP seeks to divest its stake in the GP’s fund, we offer the fol­low­ing pro­fes­sion­al services: 

  • Advis­ing on how liq­uid the stake held by the LP on the sec­ondary mar­ket is 
  • Assess­ing whether a dis­count or a pre­mi­um should be applied to the sale of the stake in the sec­ondary market
  • Explain­ing the fees the LP will incur if it seeks to leave the GP’s fund before the end of the dura­tion of the fund
  • Nav­i­gat­ing and advis­ing on the process for the suc­cess­ful dis­pos­al and trans­fer of the LP interest

If an LP seeks to divest its stake in the GP’s fund, we offer the fol­low­ing pro­fes­sion­al services: 

  • Advis­ing on how liq­uid the stake held by the LP on the sec­ondary mar­ket is 
  • Assess­ing whether a dis­count or a pre­mi­um should be applied to the sale of the stake in the sec­ondary market
  • Explain­ing the fees the LP will incur if it seeks to leave the GP’s fund before the end of the dura­tion of the fund
  • Nav­i­gat­ing and advis­ing on the process for the suc­cess­ful dis­pos­al and trans­fer of the LP interest

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