BW
BLACKWALLASSETS

Investor Protection and Governance Framework

This page outlines the structural and contractual mechanisms designed to manage risk and align interests within our sponsor-led investment model. It is not a guarantee of safety or returns.

A Framework for Risk Management, Not Elimination
Our governance framework is designed to provide legal clarity, transparency, and alignment of interests. It is a tool for managing known risks but does not and cannot eliminate the inherent risks of private market investing.

Pillars of Governance

The LLP Agreement

This legally binding contract is the cornerstone of governance. It explicitly defines the rights, duties, and obligations of all parties, including the Sponsor and each capital partner. It governs decision-making, distributions, and exit procedures.

Defined Sponsor Role

The Sponsor acts as the Designated Partner, responsible for day-to-day management and execution. Their fiduciary duty is to act in the best interest of the LLP and its partners, as outlined in the agreement.

Partner Voting Rights

While the Sponsor manages operations, capital partners retain voting rights on fundamental decisions, such as the sale of the entire underlying asset or major changes to the LLP structure. These are specified in the LLP Agreement.

Reporting & Information Rights
Partners are provided with information to monitor their investment.

Our operational process provides partners with access to the following:

  • Full Upfront Disclosure: Access to a secure data room containing all relevant project documents, financial models, and diligence reports before making any commitment.
  • Regular Progress Updates: Periodic reports detailing project milestones, financial performance against budget, and key activities.
  • Audited Financials: Annual audited financial statements for the LLP, providing a clear and verified view of the project's financial health.
Conflict of Interest Protocols
Our structure is contractually designed to align interests.

Potential conflicts are addressed structurally and through the LLP Agreement:

  • Sponsor Co-Investment: The Sponsor invests their own capital, ensuring their financial success is directly tied to the project's outcome.
  • Fee & Cost Transparency: All fees payable to the Sponsor (e.g., project management fees) are clearly defined and approved in the LLP Agreement. There are no hidden charges.
  • Related-Party Transactions: Any transactions with entities related to the Sponsor are governed by arms-length principles and must be disclosed to partners as per the LLP agreement.
What This Framework Does NOT Protect Against
It is crucial to understand the limitations of any governance structure. This framework does not prevent the following fundamental risks.

Market Risk: No legal document can prevent a downturn in the real estate market, changes in interest rates, or shifts in economic conditions. Your capital remains at risk from market forces.

Execution Risk: While we select sponsors with strong track records, unforeseen challenges in construction, approvals, or project management can still occur, potentially leading to delays, cost overruns, or project failure.

No Guaranteed Returns or Capital Preservation: This framework does not and cannot guarantee a profit or the return of your principal investment. All projected returns are targets, not promises. The risk of partial or total capital loss is real.

Understand Our Process

If you understand and accept the risks inherent in this model, you can learn more about our process or apply for access.