The fund / Operations
Distinct roles.
Clear responsibilities.
The investment fund, its general partner, its manager and its service providers each have a defined role. This structure is part of the context for an informed investment decision.
Fund structure
SporeValley Strategies Fund
Limited Partnership
SporeValley GP Inc.
Supervision of the manager on behalf of the fund.
Spartan Fund Management Inc.
Day-to-day management, discretionary portfolio management and distribution.
SGGG Fund Services Inc.
CIBC World Markets Inc.
Deloitte LLP
A high-level view of responsibilities. The governing agreements and offering documents describe the arrangements in detail.
Governance & management
Supervision and investment
management are distinct.
SporeValley GP Inc. · General partner
The general partner is responsible for management and control of the fund’s activities under the partnership agreement. Day-to-day management has been delegated to the manager. The general partner remains responsible for supervising the manager’s activities on the fund’s behalf.
Spartan Fund Management Inc. · Manager
The manager directs the fund’s day-to-day affairs, manages its portfolio on a discretionary basis and is responsible for distribution of its units. Investment recommendations and portfolio adjustments are subject to its oversight and discretion.
Fund services
Supporting the
fund’s operations.
SGGG Fund Services Inc. · Administrator
The administrator’s responsibilities include processing subscriptions, transfers and redemptions, calculating net asset value, and maintaining the unitholder register and related records.
CIBC World Markets Inc. · Prime broker / custodian
The prime broker / custodian’s role includes custody of fund assets, settlement of purchases and sales, foreign-exchange transactions and related services. Custody arrangements do not prevent investment losses.
Deloitte LLP · Auditor
Deloitte LLP is the fund’s auditor. Its audit role is distinct from investment management and does not represent approval of the fund’s strategy, prospective returns or suitability for an investor.