External Manager definition

External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

External Manager means either of the following:

External Manager means any third party investment manager, investment advisor, trust company or other agent appointed by the Borrower from time to time to manage the securities and other assets of the Borrower held by the Custodian.

Examples of External Manager in a sentence

• Similarly, the maximum exposure to outstanding investments with no External Manager is also 20%.

• Notwithstanding the preceding sentence, an individual who is an employee, officer, director, equityholder, partner, member, or trustee of an External Manager and who spends one-third or more of his or her time, during a calendar year, managing the securities or assets owned, controlled, invested, or held by the External Manager is not a Placement Agent.

• Please describe any and all compensation3 of any kind provided, or agreed to be provided, to the Placement Agent or to a third party at the behest of the Placement Agent, in connection with the Placement Agent’s work for the External Manager on the Proposed Investment or as a result of LACERA investing in the Proposed Investment.

• Any External Manager or Placement Agent that violates the Policy shall not solicit new investments from LACERA for five years after the violation was committed.

• A written copy of any and all agreements between the External Manager and the Placement Agent.

More Definitions of External Manager

External Manager means TSL Advisers, LLC.

External Manager means a (i) person who is seeking to be, or is, retained by the Regents to manage a portfolio of securities or other assets for compensation or (ii) a person managing an investment fund who offers or sells, or has offered or sold, an ownership interest in the investment fund.

External Manager means Owl Rock Capital Advisors LLC.

External Manager means H.I.G. WhiteHorse Advisers, LLC, a Delaware limited liability company (or any Affiliate of H.I.G. Capital, L.L.C. that may be so designated as the investment adviser of the Company from time to time).

External Manager means Crescent Capital Advisors, LLC.

External Manager means Stellus Capital Management, LLC.

External Manager shall have the meaning as provided in Section 7.9 hereof.