The philosophy that underpins everything we do is based on putting reputation ahead of earnings: we limit our relationship numbers such that we are able to perform all key functions personally, and are always available to our clients. As a result, there are natural limits to the number of directorships that HighWater principals can take on. Our focus is on maintaining a manageable portfolio of high quality clients where we can be actively engaged, build mutual trust, add value to the process, represent investor interests and manage our own risk effectively.
HighWater has a straightforward, asset-based fee structure whereby director services are provided at an annual fixed fee based on assets at the start of the year and with no incremental fees for meetings, calls, time to travel or ad hoc written resolutions taken between board meetings.
The alternative investment industry is experiencing:
Appointing credible, knowledgeable and engaged directors is an important decision for a fund and its manager. Taking on the important responsibilities of a director is not a commodity service and not all directors are the same.
HighWater directors are in a class of their own.