IPS Governance Log

Decisions

Every material Ardenvale action — each tied to the IPS section that authorized it. The audit trail the next generation inherits.

All Buy Sell Rebalance Manager Hire Manager Fire IPS Amendment Allocation Change Distribution Reporting 2026 2025 Pending Follow-Up
Showing 1 decision · Type: Allocation Change
Feb 10, 2026
Allocation Change
Target Allocation v1 → v2 (Lockup Buffer sleeve)
IPS §3 — Asset Allocation Policy & Rebalance Rules
$5,000,000 / 100.00% NAV
▾
Rationale
Amended target allocation from v1 (no lockup buffer) to v2 (Scenario 3: adds 5% Lockup Buffer sleeve funded from PE/Real Assets). Surviving 10-year lockup stress test required restructuring cash + liquid buffer. Scenario 3 proved superior across 12 liquidity scenarios.
Outcome / Status
v2 targets now govern rebalance engine. 7-sleeve structure (Public Eq 40%, Private Eq 15%, Real Assets 10%, Fixed Inc 15%, Lockup Buffer 5%, Real Assets Direct 5%, Cash 10%) locked in.
Linked Artifact
Report #877515 — Allocation v2 with Scenario 3 analysis
Decisions YTD
10
decisions in 2026
IPS Amendment 4
Buy 2
Manager Hire 2
Allocation Change 1
Reporting 1
IPS Sections
§1 Purpose & Framework
§2 Objectives & Constraints
§3 Asset Allocation & Rebalance Rules
§4 Investment Selection & Execution
§5 Liquidity & Distribution Policy
§6 Manager Selection Criteria
§7 Risk Management & Monitoring
§8 ESG & Values Alignment
§9 Governance & Decisions Log
Quick Links
→ Rebalance Engine → Diligence Memos → Watchlist → Allocation → Monthly Briefing