Incorporated
16 July 2018
Approved since
October 2018
Regulatory status
Approved Investment Manager
Regulator
BVI Financial Services Commission
The firm
KP Advisory acts as investment manager and investment adviser to closed-ended and open-ended vehicles established for professional and private investors. The firm takes discretionary mandates where the constitutional documents grant them, and advisory mandates where the investment decision rests with the board.
Each vehicle is constituted under its own offering documents, which set the strategy, the investor eligibility conditions and the terms on which the firm is appointed.
Approach
Every engagement rests on a management or advisory agreement with the vehicle. Scope, fees, reporting and termination rights are fixed in that agreement and disclosed to investors before subscription.
Custody, administration, valuation and audit are performed by independent providers appointed by each vehicle and named in its offering documents. Client assets sit with the appointed custodian.
Investment decisions are recorded against the mandate they are taken under, so that any allocation can be traced to the authority that permitted it.
Investors receive periodic reporting on the terms set out in the vehicle's documents, prepared from the administrator's records.
Regulation
KP Advisory Ltd. holds a Certificate of Approval as an Approved Investment Manager, granted by the British Virgin Islands Financial Services Commission on 12 October 2018 by virtue of sections 40C(1) and 62 of the Financial Services Commission Act, 2001 and section 21 of the Securities and Investment Business Act, 2010, in accordance with regulations 3(1), 7(1) and 7(2)(b) of the Investment Business (Approved Managers) Regulations, 2012.
The certification shall remain in force unless suspended or revoked under section 38 of the Financial Services Commission Act, 2001. The Commission maintains a current list of licensees at bvifsc.vg.
Contact
KP Advisory Ltd.
c/o CCS Trustees Limited
Mandar House, 3rd Floor
P.O. Box 2196, Johnson’s Ghut
Tortola, British Virgin Islands
Enquiries from institutional investors, allocators and professional advisers are welcome.