An Experienced and Capable Investment Manager
The team behind Gibraltar since 2007 has acted:

• As Trustee and/or Responsible Entity for registered and unregistered Managed Investment Schemes; and
• As an Investment Manager for unregistered Wholesale Schemes.

Investment Recovery / Investor Activism Experience
The Gibraltar team has acted for a number of investors in distressed or underperforming Managed Investment Schemes that for various reasons have sought to replace the existing Responsible Entity/Trustee with the support of key stakeholders and investors. Following replacement of the former Responsible Entity or Trustee, the Gibraltar team then implements investment stabilisation and recovery strategies for investors. In our experience, proactively replacing an underperforming and/or non-compliant Responsible Entity or Trustee is
always better and cheaper than going to court or appointing a liquidator.

Learning More and Working with Gibraltar
Investors’ often do not properly appreciate the gravity of their situation nor their legal rights to redress the situation and appoint an aligned and activist Fund Manager like Gibraltar. Common risk indicators include:

• Reported fund breaches or regulator (e.g. ASIC, ASX, ATO) sanctions;
• Financial reporting deficiencies or irregularities;
• Suspect or opaque valuations;
• Systemic and material use of non-arm’s length Related Party transactions;
• Qualified or disclaimed auditor opinions;
• Breaches of banking covenants;
• Investor reporting and disclosures that are inconsistent, erratic and/or implausible;
• Governing agreements (e.g. offer documents, partnership agreements) that oppress minorities;
• Preference transactions (i.e. transactions knowingly undertaken by the Fund Manager to the detriment of
  investors such as high interest loans from related parties);
• A material change in fees to be charged to investors; and
• Reluctance of the Fund Manager to engage with investors and respond to their concerns.

​Our team includes some of the most experienced financial services, legal, accounting and property professionals.
You can benefit from our experience in these types of matters both in Australia and abroad.

For further information contact us at [email protected]
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GPO Box 615,
Sydney NSW 2001