IPS Governance Log

Decisions

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

Showing 2 decisions · Type: Manager Hire
Feb 20, 2026
Manager Hire
Patrick O'Shaughnessy — OSAM / Canvas (direct indexing)
IPS §6 — Manager Selection Criteria
Rationale
Initiated outreach to Patrick O'Shaughnessy at OSAM regarding Canvas direct-indexing platform. Rationale: tax-efficient factor exposure for the public equity sleeve; aligns with IPS §6 requirement for systematic, low-cost allocation where possible.
Outcome / Status
Initial outreach sent. Relationship building in progress.
Linked Artifact
Feb 20, 2026
Manager Hire
John Mihaljevic — MOI Global (co-investment access)
IPS §6 — Manager Selection Criteria
Rationale
Initiated outreach to John Mihaljevic at MOI Global for co-investment access. Rationale: concentrated long-only deep value manager with 10-year audited track record, founder-operated business alignment, compatible with Ardenvale IPS return objective. Fits private equity sleeve mandate.
Outcome / Status
Initial outreach sent. Awaiting response.
Linked Artifact
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