Investments in unlisted companies have been part of the standard asset mix of institutional investors for some time. They are becoming increasingly important, as are investments at the operational level. For Swiss foundations, both levels can be of considerable relevance, e.g. due to higher returns in a low-interest environment or outsourcing.
In his publication, our partner Dr Adrian Plüss discusses reasonable minimum requirements and approaches for best practice in the governance of investments held by traditional foundations.
The publication can be found here.