Our directors have decades of relevant and diverse industry experience. Experience breeds foresight.
A Boutique Provider
How comfortable are you with your independent director?
HighWater has made its mark in the alternative investment funds industry as a boutique provider of corporate governance services, by providing personal, high-quality director services to a select number of premium hedge funds and investment managers. Our directors serve on boards covering a variety of investment strategies, including multi-strategy, credit, long/short equity, global macro, relative value, distressed debt, emerging markets, commodities, systematic, fixed income, event driven and other single manager strategies, as well as some significant fund of hedge fund relationships. We also act for certain private equity and infrastructure funds, as well as family offices.
High Quality Director Services for Cayman-Domiciled Funds
HighWater was incorporated in the Cayman Islands in 2007 and has made its mark in the alternative investment fund industry as the premium provider of corporate governance services to alternative funds, including hedge funds, fund of funds, private equity funds and investment managers.
With a broader focus on Cayman-domiciled funds and investment managers, HighWater differentiates itself by providing high quality director services to a select number of clients. At HighWater, the directors perform all key functions and responsibilities personally, recognising the increasing importance attached to the experience, capacity, attention, availability and credibility of the independent director. There are natural limits to the number of directorships that HighWater directors can take on, and our focus is on maintaining a manageable portfolio of quality relationships, where we can be actively engaged, build mutual trust, add value to the process, represent investor interests and work with investment managers to provide effective oversight and superior corporate governance to the fund.
Our philosophy is based on the integrity, reliability and dependability of the individuals we put forward as a director of HighWater. We adhere to best governance practices through the appointment of experienced, professional, non-executive directors who are truly independent. We recognise that conflicts of interest are an important concern of fiduciary investors.
HighWater’s success has been built on developing strong relationships with investment managers, investors and key service providers of the fund via regular interaction and by working together constructively to ensure the equitable treatment of all stakeholders. We have a diverse portfolio of clients across the Americas, Europe and Asia, covering a wide variety of investment strategies. Our experience and knowledge, coupled with the strong relationships we build, forms the bedrock of our corporate governance model.
The HighWater model provides experienced professionals who are readily accessible, responsive and who fulfill their fiduciary responsibilities personally. We believe that the funds industry is highly contextual, often presenting complex and unique issues which cannot be adequately resolved via a checklist approach. We have a highly qualified and dedicated team of professional support staff, and a robust and secure technology platform, designed to support, and not replace, the directors in providing effective corporate governance.
What we do
Institutional investors should require independent directors who have relevant industry expertise and who will fulfill their fiduciary duties in the best interests of the fund and its investors. In an industry of growing complexity and increased regulation, investors and managers seek directors who will make a genuine contribution and not shy away from difficult decisions.
Distressed funds can find themselves without the appropriate independent board of directors to guide them through a restructuring process, an orderly realisation of assets, or a voluntary liquidation. This is where HighWater excels.
As a stepping stone to setting up a permanent office, we assist investment fund managers to establish a physical presence in the Cayman Islands, working closely with onshore legal counsel, tax and regulatory advisors.
While focusing on providing independent director services to the alternative investment fund Industry, HighWater also offers a range of ancillary services.
experienced funds professionals
The investment funds industry is complex and highly contextual. Good corporate governance requires extensive knowledge of all relevant aspects of a fund, throughout its lifecycle.
experienced funds professionals
The HighWater support team is comprised of experienced funds professionals with backgrounds as former regulators, fund administrators, lawyers or professional accountants.