Procida Funding & Advisors has served as fund management and fiduciaries in a variety of fund transition situations, providing substantial recoveries and transparency to investors. we work closely with general partners, fund directors, and investors to ensure appropriate and timely execution of the selected strategy for the wind down management of the fund. we align our efforts with investors’ recovery expectations and focus on minimizing operating costs, fund expenses, and streamline the operating structure.
Procida Advisors provides due diligence and asset management services to developers, financial institutions and private equity funds with a concentration on development, construction, bankruptcy, restructuring and marketing.
Working alongside management or serving as a successor manager we develop and execute agreed upon strategies for a fund’s transition. Our services include:
TAIL END ASSET MANAGEMENT & FIDUCIARY SERVICES
- Wind down and fiduciary services for Hedge Funds, Private Equity Funds, Secondary Investment Vehicles, Family Offices, Fund of Funds, and other financial services businesses
- Servicing as replacement asset managers, fiduciaries, trustees, and/or independent directors for investors and their interest
- Interim management and consulting for fund and manager wind downs
- Assisting or advising investors, fund directors and/or existing asset management team on controlled wind down strategy
DEVELOPMENT AND EXECUTION OF FUND TRANSITION AND END OF LIFE STRATEGIES
- Advising fund stakeholders on maximizing the value of investments during fund-level transition or end of life
- Developing and executing agreed upon wind down strategy and timeline with stakeholders
- Developing and executing strategy for liquidity creation by managing the sale of fund assets, including executing sale processes for illiquid assets
- Preparation of NAV, portfolio liquidity and other investor reporting
- Maintaining fund and manager compliance
- Managing litigation and contentious matters relating to fund assets and legacy managers
- Actively communicating with and providing transparency to investors
END OF FUND LIFE RISK MANAGEMENT & PLANNING
- Fund Management transition planning development and compliance
- Annual stress testing development and compliance
CRISIS MANAGEMENT SERVICES
- Management of risk, stabilization and asset preservation
- Interim management
- Active investor communication and transparency
- Investigations and independent fact-finding
INDEPENDENT MONITORING SERVICES
- Monitoring of portfolios’ and/or underlying asset’s performances
- Monitoring services to support investors or manager interests
- Ongoing monitoring of operational, disclosure, compiance/regulatory and financial risk across fund and manager organoization
Being involved in a transaction can provide additional workload and stress beyond normal business operating activities. Procida’s experienced expert team can provide Transaction Advisory assistance to buyers, sellers, corporate clients and private equity. Our senior team is hands-on and has extensive due diligence experience, with years of combined experience on hundreds of transactions.
Our unbiased position and experience serving a variety of private equity and strategic clients allow us to provide advisory services to our clients to ensure maximum value is obtained from potential transactions. similarily, our extensive experience in due diligence and investor considerations allow for leveraging strategic solutions and financial considerations to deliver solutions for our clients’ complex business problems.
Buy-Side Financial Due Diligence (Quality of Earnings): Our services can be tailored to meet the needs of our client’s specific transaction and do not follow the boilerplate approach utilized by many accounting firms. Our primary goal is to understand the target company’s operations and business, evaluate historical and projected financial performance and underlying sensitives and risks, and assist with maximizing value from the transaction.
Sell-Side Financial Due Diligence: We support clients in helping them manage the sales process, identify items in advance that buyers will uncover, reduce transaction timeline, and increase the probability of a successful sale.
Merger Integration: We provide collaborative structure and support to manage and oversee the integration process, with a focus on the entire integration or specific functional areas. Our approach is centered on client collaboration with the acquirer and target, rigorous analysis, detailed operating plans, well-founded timetables, and results that are achievable and actionable to drive the desired outcomes.
Post-Acquisition Dispute Advisory: We offer innovative solutions to assist with resolving disputes from the point of view of the buyer or the seller. Our extensive experience in the market allows us to assist either the buyer or seller developing their position in a dispute, which could involve working capital or other items impacting the transaction value.
Synergy Analysis: Our experienced team members utilize proven methodologies and processes to identify key areas for performance improvement to eliminate or streamline redundant processes to dive headcount or other savings. Depending on the transaction, we can also assist with identifying revenue synergies and ensure that synergies achieved are clearly communicated to key stakeholders.
Business Plan Assistance: Our approach is based on the specific needs and objectives of the company and the key investors involved. Our professionals can help to develop, review, or analyze business operation plans. service or product-line data, strategy, and implementation. We can also assist with cost and revenue projections, prospective financial statements, and capital structures, including introductions to potential investors or funding sources.
Procida’s experienced expert team can provide Transaction Advisory assistance to buyers, sellers, corporate clients and private equity.
Our multidisciplinary investigative teams gather critical intelligence for prospective investors and asset owners. Skilled at providing corporate compliance, fraud, and third-party diligence services, our experts investigate unusual activities.
Experiences in the courtroom and the server room, Procida Funding & Advisors experts have been engaged in hundreds of investigations and due diligence reviews. Our team incorporates a multidisciplinary approach in the prevention and detection of fraud and misconduct.
DUE DILIGENCE SERVICES
- Investigative due diligence and asset searches
- Third-party inspections and dispute due diligence
- Corporate portfolio investigative company services
- Assessment of investment strategies, establishing monitoring controls over risk exposure
FRAUD DETECTION AND PREVENTION SERVICES
- Developing anti-fraud controls and integrity programs
- Fraud risk assessments
- Forensic collection and analysis of electronically stored information
- Corporate networks, databases, computers, phones, external storage devices, social media, archives, cloud providers, and other digital storage media
- SEC compliance, enforcement actions and Wells Notice defense
- Trade secret theft
- Fraud Investigations
Procida Funding & Advisors provides operational, transactional, fiduciary, and compliance solutions and advice for funds, their managers, investors and regulators. We serve a client base that includes many of the world’s leading hedge funds, private equity firms and their investors.
Servicing the fund manager and investor community, we provide valuations for portfolio assets, complex securities, and opinions in support of transactions and disputes. Our services include:
- Alternative Investment Advisory
- Transaction Opinions and Valuations
- Disputes and Expert Testimony Valuations
- Financial and Tax Reporting Valuations
- Specialized and Strategic Valuations
ASSET MANAGEMENT & FIDUCIARY SERVICES
We are experienced, independent investment management fiduciaries and advisors. Our professionals serve as advisors, fund managers, and fiduciaries in fund transition and tail end situations. Our services include:
- Tail-end Asset Management and Fiduciary Services
- Development and execution of fund transition and end-of-life strategies
- End-of-life risk management and planning
- Successor Management
- Crisis management services
- Independent monitoring services
- Corporate governance
- Interim Management (CFO, VP, etc.)
STRATEGIC & TRANSACTION ADVISORY
Procida helps investors acquire and improve portfolio assets. Beginning at the M&A Assessment and asset capitalization stage, our emphasis is on portfolio company value enhancement. Our services include pre- and post-acquisition advisory and execution services. our services include:
- Due Diligence
- Transaction Opinions
- Business Transformation
DUE DILIGENCE AND INVESTIGATIONS
Skilled at providing corporate compliance, fraud, and third-party diligence services, our experts investigate unusual activities. Our services include:
- Due Diligence Services
- Fraud Detection and Prevention Services
- e-Discovery Services
- Internal Investigations
- Regulatory Investigations
Procida Funding & Advisors advises funds and investors on all aspects of restructurings. Our professionals have deep experience, as principals and as advisors, acquiring, exiting, and restructuring fund assets across most asset types and industries.
While always adjusted to our clients’ specific needs, our fund restructuring services include:
DEVELOPMENT, NEGOTIATION & EXECUTION OF FUND RESTRUCTURING ALTERNATIVES WITH STAKEHOLDERS
- For funds experiencing distress or liquidity issues, we work with investors and their managers to assess, negotiate and execute strategic and restructuring alternatives
- Procida is a go-to restructuring advisor recognized for its independence and expertise in the financial services and fund management space
- We have led the resolutions achieved in some of the most complex corporate restructurings in history
DEVELOPMENT & IMPLEMENTATION OF STRATEGIES TO MAXIMIZE THE VALUE OF PORTFOLIO ASSETS
- We advise and assist clients in identifying and shedding unproductive assets and targeting the acquisition of assets of strategic value
- Procida is a recognized leader in the restructuring and sale of distressed assets and businesses across a very wide range of industries
- We asses and provide strategic options for the purchase, sale or management of portfolio assets in distress and create and execute strategies to conserve liquidity
GOING-CONCERN & LIQUIDATION VALUATIONS
- Procida has accredited valuation professionals who are supported by market facing capital markets professionals and technical industry experts that can deal with the most complex valuation issues that arise in a restructuring context
- We specialize in preparing compelling analyses that form the basis for settlement negotiations or expert testimony
We serve a client base of leading players in the alternative investment space, including:
Private Equity Funds
Business Development Companies
Asset Managers/ Mutual Funds
Sovereign Wealth Funds
LENDERS & CREDITORS
Money Center Banks
Successful Private Debt investors perform thorough due diligence when selecting investments, maintain robust credit monitoring processes, and have well-prepared restructuring plain in place should a credit go into default and require a workout.
The Procida team provides real-world investment experience to support the Private Debt investment community in selecting, recapitalizing, valuing, monitoring, and restructuring investments. in addition to our financial expertise, Procida’s industry experts add significant experience to our service offering. Engaging Procida allows investors to focus on their core competencies and demonstrate independence and best practice to current and prospective clients, auditors and regulators.
We serve a client base of leading prayers in the Private Debt arena, including hedge funds, private debt funds, middle-market direct lenders and major institutional investors.
TRANSACTION DILIGENCE AND INVESTIGATIONS
Procida professionals advise investors on acquiring, divesting, recapitalizing and improving portfolio assets. Beginning at the investment assessment and debt capitalization stage, our emphasis is n portfolio company value preservation and enhancement. We assist investors to understand key deal considerations in order to minimize risk. Instrumental in this process is in the inclusion of Procida experts from our functional and industry groups. Our multidisciplinary investigative teams gather critical intelligence for investors to ensure investment decisions are made based on comprehensive set of financial and business intelligence data. Services include:
- Financial Due Diligence
- Quality of Earnings
- Net Working Capital Analysis
- Identification of deal issues potentially impacting valuation
- Key Performance Indicators and business analytics
- Opening balance sheet evaluation
- Integrity of business plans and cash flows
- Review closing documents
Our services include in-depth portfolio and asset-level valuations for complex securities, illiquid investments, fair market values in support of fund, direct and co-investments as well as opinions in support off transactions and disputes. Our services include:
- Alternative Investment Valuation
- Portfolio Valuation
- GP Stakes Valuation
- LP Interests
- Transaction Opinions
- Fund Transparency Reporting
- Disputes and Expert Testimony
Contact Procida Funding & Advisory