Who performs the audit of the fund or SPV?

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• What happens if the current fund administrator ceases to operate?

  If the current fund administrator (Sydecar) is unable to continue, another administrator can be appointed. Each SPV maintains reserve funds to cover ongoing administrative and audit costs, ensuring smooth continuity.

• Who is the fund administrator for these private market investments?

  The fund administrator is Sydecar, which maintains unit records and investor ownership ledgers for each SPV.

• How can investors make a claim on their holdings if required?

  Investors hold units in a standalone SPV, which continues to exist independently of Vested or Monark. Any investor claim would be made directly through the SPV’s governance structure.

• How will the ownership of the units bought under private markets be managed?

  The fund will hold the share certificates of the underlying company. Investors in turn will become limited partners of the fund and have rights to the underlying holdings of the fund.

• What are the risks associated with the private markets investment?

  Investing in private companies carries certain risks, including: Equity Risk: Like any equity investment, there is a possibility that the valuation of the company may fall, leading to capital loss. Liquidity Risk: Unlike public stocks, private ...