Cook Illinois Investment Management Agreement between Fund, Asia Management and NICAM

• Category: Corporations - Public - Investment Companies and Real Estate Investment Trusts (REIT)
• State: Multi-State
• County: Cook
• Control #: US-CC-11-121
• Format: Word; Rich Text

Description

This is an Investment Management Agreement, to be used across the United States. An Investment Management Agreement increases the fee to be paid by a mutual fund, to the investment manager. Title: Cook Illinois Investment Management Agreement: Exploring the Partnership between Fund, Asia Management, and CICAM Introduction: The Cook Illinois Investment Management Agreement represents a significant collaboration between Fund, Asia Management, and CICAM. This detailed description aims to clarify the key aspects of this partnership and shed light on the various types of agreements that can be formed within this framework. 1. Overview: The Cook Illinois Investment Management Agreement acts as a legally binding contract between Fund, Asia Management, and CICAM. It outlines the rights, responsibilities, and obligations of all parties involved in managing investment funds to ensure clarity and transparency throughout the partnership. 2. Parties Involved: a. Fund: The "Fund" refers to the entity that provides the financial resources to be managed. It might be a private equity firm, a pension fund, or any other organization or individual looking to invest their assets. b. Asia Management: "Asia Management" denotes the investment management firm based in Asia that takes charge of managing and allocating the Fund's investment portfolio. c. CICAM: "CICAM" represents a respected financial institution, such as a bank or insurance company, that acts as custodian or trustee for the Fund's assets, ensuring their safekeeping. 3. Key Components of the Agreement: a. Investment Strategy and Objectives: The agreement defines the Fund's investment objectives, risk tolerance, desired returns, and any specific criteria for asset allocation. It serves as a roadmap for Asia Management in structuring the investment approach accordingly. b. Roles and Responsibilities: The agreement outlines the duties of each party, including the fund manager (Asia Management), the custodian (CICAM), and any other relevant stakeholders. c. Reporting and Communication: Detailed reporting and communication requirements are established to ensure regular updates on the performance of the investments, adherence to regulations, and compliance with agreed-upon reporting standards. d. Compensation and Fees: This section defines the remuneration structure for Asia Management, including management fees, performance-based bonuses, and any other compensation arrangements. Additionally, it highlights the custodian's fee structure (CICAM) for their services. e. Termination and Dispute Resolution: The processes for terminating the agreement and resolving any potential conflicts or disputes between the parties are clearly stated to ensure a smooth and fair resolution. 4. Types of Cook Illinois Investment Management Agreements: a. General Investment Management Agreement: This is the standard agreement that outlines the rights, obligations, and expectations of all parties involved. It covers the basic elements mentioned above. b. Exclusive or Non-Exclusive Agreement: The parties may choose to enter into an exclusive agreement, limiting the Fund's engagement with other investment managers, or a non-exclusive agreement, allowing the Fund to diversify its investment management across different firms. c. Performance-Based Fee Agreement: In some cases, the agreement may incorporate a performance-based fee structure that rewards the Asia Management firm based on their ability to achieve certain predefined investment goals or benchmarks. Conclusion: The Cook Illinois Investment Management Agreement serves as the foundation for a collaborative partnership between Fund, Asia Management, and CICAM. By addressing various aspects, including investment strategy, roles and responsibilities, reporting, compensation, and dispute resolution, this agreement lays the groundwork for a successful and transparent investment management relationship.

Title: Cook Illinois Investment Management Agreement: Exploring the Partnership between Fund, Asia Management, and CICAM Introduction: The Cook Illinois Investment Management Agreement represents a significant collaboration between Fund, Asia Management, and CICAM. This detailed description aims to clarify the key aspects of this partnership and shed light on the various types of agreements that can be formed within this framework. 1. Overview: The Cook Illinois Investment Management Agreement acts as a legally binding contract between Fund, Asia Management, and CICAM. It outlines the rights, responsibilities, and obligations of all parties involved in managing investment funds to ensure clarity and transparency throughout the partnership. 2. Parties Involved: a. Fund: The "Fund" refers to the entity that provides the financial resources to be managed. It might be a private equity firm, a pension fund, or any other organization or individual looking to invest their assets. b. Asia Management: "Asia Management" denotes the investment management firm based in Asia that takes charge of managing and allocating the Fund's investment portfolio. c. CICAM: "CICAM" represents a respected financial institution, such as a bank or insurance company, that acts as custodian or trustee for the Fund's assets, ensuring their safekeeping. 3. Key Components of the Agreement: a. Investment Strategy and Objectives: The agreement defines the Fund's investment objectives, risk tolerance, desired returns, and any specific criteria for asset allocation. It serves as a roadmap for Asia Management in structuring the investment approach accordingly. b. Roles and Responsibilities: The agreement outlines the duties of each party, including the fund manager (Asia Management), the custodian (CICAM), and any other relevant stakeholders. c. Reporting and Communication: Detailed reporting and communication requirements are established to ensure regular updates on the performance of the investments, adherence to regulations, and compliance with agreed-upon reporting standards. d. Compensation and Fees: This section defines the remuneration structure for Asia Management, including management fees, performance-based bonuses, and any other compensation arrangements. Additionally, it highlights the custodian's fee structure (CICAM) for their services. e. Termination and Dispute Resolution: The processes for terminating the agreement and resolving any potential conflicts or disputes between the parties are clearly stated to ensure a smooth and fair resolution. 4. Types of Cook Illinois Investment Management Agreements: a. General Investment Management Agreement: This is the standard agreement that outlines the rights, obligations, and expectations of all parties involved. It covers the basic elements mentioned above. b. Exclusive or Non-Exclusive Agreement: The parties may choose to enter into an exclusive agreement, limiting the Fund's engagement with other investment managers, or a non-exclusive agreement, allowing the Fund to diversify its investment management across different firms. c. Performance-Based Fee Agreement: In some cases, the agreement may incorporate a performance-based fee structure that rewards the Asia Management firm based on their ability to achieve certain predefined investment goals or benchmarks. Conclusion: The Cook Illinois Investment Management Agreement serves as the foundation for a collaborative partnership between Fund, Asia Management, and CICAM. By addressing various aspects, including investment strategy, roles and responsibilities, reporting, compensation, and dispute resolution, this agreement lays the groundwork for a successful and transparent investment management relationship.