The House
Fifteen people, six floors.
Under the roof
Investment committee
The four portfolio managers meet here every morning at 08:30 with the Chief Executive. Every buy and sell is minuted.
4th floor
Portfolio management & research
Four portfolio managers and two analysts. Each fund has a named manager and a named deputy.
3rd floor
Control
Compliance and risk report to the board. They can stop a trade.
2nd floor
Middle office
Order checks, trade capture and the 18:00 NAV, checked line by line.
1st floor
Back office
Settlements and daily reconciliation with the depositary.
Entresol
Leadership
The two founders. Neither manages a fund alone.
Ground floor
Investor relations
One door, one person you can call.
Separation of duties
The people who check our numbers do not report to the people who make them.
4th floor and under the roof
Front
Decide and send orders. Report to the CIO.
2nd and 1st floors
Middle & back
Check, value, settle and reconcile. Report to the COO.
3rd floor
Control
Compliance and risk. Report to the board, with the power to stop a trade.















