In addition to core fund and asset
management expertise, Internos has a full range of integrated
services to improve the performance of funds and assets under
management, to simplify outcomes and responsibilities for investors
and lead to 'sale-optimisation'. Our in-house treasury and debt
negotiation teams are an important element of our investor
services.
Treasury services
Currency risk management
Working with investors to identify optimal risk profile and
implement the required strategy
Ongoing cash management
Ensuring that investment cash flows are managed efficiently and
that surplus cash meets investors' risk versus return
objectives
Debt management
Debt negotiation, renegotiation and lender relationships
Internos currently manages 25 existing loan facilities totalling
€1.12bn and maintains relationships with banks and other lenders at
the highest level - regularly negotiating across multiple
geographies. Ongoing contact not only facilitates competitive
original debt finance but renegotiation becomes a key factor
in improving performance of funds throughout their life. Lender
relationships, renewed through update presentations, position
Internos as a strong candidate for opportunities emerging as
banks 'unbundle' from commercial real estate.
Full transparency with lenders
Excellent relationships arise from regular contact but also from
the Internos 'no surprises' policy. Full fund reports (among the
best in the industry) are provided to existing lenders, well beyond
requirements of most loan agreements. We identify issues early so
as to pro-actively manage negotiations.
Interest risk management
We work with investors and the senior lender to achieve optimal
hedging solutions: minimising cost and maximising flexibility.
The treasury team reports to Victoria Ferris, Head of
Operations and Professional Services.
Rupert Kirby is Head of Debt
and responsible for maintenance of lender relationships.