Fiduciary Opinions of Related-Party Transactions
WHY IT MATTERS
Real estate transactions can have real or perceived conflicts between the investment manager and the investors as well as between investors. An independent third-party opinion can validate the appropriateness of such transactions, identify potential conflicts, and mitigate risks.
Bard Consulting has provided dozens of fiduciary opinions on related-party transactions since 2006.
WHAT WE DO
Our fiduciary opinions are rendered on behalf of investors or their advisory boards. Our approach is to first determine the relationships and motivations of the relevant parties, identify potential conflicts, and then determine what is required to mitigate any real or perceived conflicts. Bard Consulting has provided dozens of fiduciary opinions on related-party transactions since 2006.
Retention of manager-affiliate service providers
Bard reviews affiliate qualifications, the proposed economic terms, and comparison to market when an investment manager seeks to retain an affiliate to provide services.
Purchase/sale of assets between investment vehicles
Bard evaluates the terms and pricing of the proposed transaction for appropriateness.
Transactions between affiliated parties
Bard reviews a variety of transactions between affiliated parties to render an opinion on the terms of the transaction.