Organisational Structure

Organisational Structure

What is the difference between a Family, an Entity Group, and an Entity?

A Family represents the top-level client (e.g. a family or a single investor). An Entity is a legal or financial structure that holds assets (e.g. a holding company, a trust, or a natural person). An Entity Group is a way to cluster related entities together for easier selection and reporting (e.g. grouping all real estate companies).

When should I model an investment as an Entity vs. a Direct Participation asset?

Use a Direct Participation asset when you do not need visibility into the underlying assets of the company — it reports the investment as a single consolidated position. Use a separate Entity when you require look-through reporting into the company's individual underlying assets, structure, or cash flows.

What is Entity Ownership and why does it matter?

Entity Ownership defines what percentage of an entity is owned by the family. For example, if an entity is 50% owned, only 50% of its asset values will be included in the family's NAV calculation. Ownership percentages are date-sensitive — you can define different percentages for different periods using the From Period field.

What is a Strategic Allocation?

A Strategic Allocation defines the target portfolio composition for a family — specifying target percentages and return expectations per asset class. It is optional but enables benchmarking against the intended portfolio structure in the reports.