At Permian, we understand that the complexities of modern investment environments demand robust advisory support, meticulous risk management, and unwavering commitment to compliance. Our specialized services ensure that fund managers and investment companies can navigate these challenges with confidence and focus on achieving their strategic goals.

The Permian advisory team includes senior and junior experts within PE operations, risk management, compliance and legal. Head of Legal sits in Sweden where EU regulations starts to apply immediately as soon as it has come into force, and where EU directives are normally implemented more quickly than in Norway. The Norwegian advisory team benefits from the Swedish learning experience on new EU legislation and interpretation.

Permian Advisory offers advice based on long regulatory and operational experience

The advisory team in Norway and Sweden offers advice based on many years of experience across a variety of roles relevant to all aspects of establishing and administrating alternative investment funds (AIFs).

• AIF Establishment: The team has experience from fund formation in Norway, Sweden, Guernsey, Malta, Cayman and Luxembourg. Permian offers introductions to the legal, operational and practical aspect of establishing, marketing and operating alternative investment funds. 

• AIF Marketing: Permian supports AIF managers in applying for or notifying the FSA of marketing permits for their funds. Permian is confident in taking on a coordinating role and assist managers in developing and obtaining approval for the marketing documentation such as prospectuses that require FSA approval.

• Compliance: AIF managers can outsource the compliance officer function to Permian. Several team members have long experience from the position of compliance officers for licensed AIF managers in Norway and Sweden.

• Regulatory Issues: The advisory team may assist on most regulatory issues relevant for AIF managers including SFDR/Taxonomy and DORA legislation. DORA is a new EU regulation which became effective in the EU including Sweden on 17 January 2025. It is yet unclear when DORA will apply to Norwegian AIF managers.
  

Risk Management: A Proactive and Comprehensive Approach

Effective risk management is a foundation for sustainable growth. At Permian, we embed risk awareness throughout key areas of an organization when acting as risk manager for clients. Our process when acting as risk manager includes:

• Identification and Classification: Pinpointing key risks, including environmental, social, and governance factors (ESG).

• Mitigation Planning: Developing and implementing strategies to address risks effectively.

• Ongoing Evaluation: Continuously assessing the success of mitigation measures to ensure resilience.

In applying our process, risks can be detected and appropriate mitigating activities be implemented. The intention being to protect investments and for our clients to be confident that their risk process is compliant with internal and external rules.

Compliance: Ensuring Regulatory Excellence 

Keeping pace with evolving regulations requires diligence, experience, and an eye for detail. At Permian, we excel at helping clients maintain compliance across all operational facets. Our services include:

• Compliance Officer Role: Acting as compliance officers for fully licensed AIFMs, ensuring adherence to regulatory standards.

• Regulatory Monitoring and Reporting: Staying ahead of changes to rules and providing timely updates and insights.

• Training: Educating teams on compliance requirements to foster a culture of awareness and accountability, including the mandatory AML training.

• Policy Framework: We offer tailor-made policies for AIF managers, including EuVECA.

Our key success factor in delivering compliance services is applying a hands-on approach based on our practical expertise in fund administration, fund accounting, risk, depositary and regulatory.