Governance

Strong governance is core to our values. Independent oversight by our Board of Directors ensures an ethical, professional culture — and keeps our practices firmly aligned with investor interests.

Governance Highlights

Strong governance is fundamental to how we protect investor interests and manage risk.

Regular Board meetings with independent director participation

Strong independent Board leadership with separate CEO and Board Chair roles

Clear investment decision-making process and approval structure

Regular meetings of directors to review risk management

Regulatory compliance with Latvijas Banka AIFP requirements

Transparent reporting to investors on fund performance

Code of Ethics and Business Conduct for all team members

Conflict of interest policies and disclosure procedures

Performance-based compensation aligned with investor returns

Regular financial audits by independent auditors

Clear succession planning and leadership development

Active investor communication and transparency practices

Board Overview

Our Board is responsible for the general oversight of the Company, including our strategic direction, the performance of our management team, environmental and social initiatives, and the Company's risk management processes.

Vicman's Capital Business People Discussion Office

The Board, directly or through its committees, routinely reviews and discusses material risks, including strategic, operational, financial, regulatory compliance, and human capital risks.

The Board regularly discusses with management company performance, market conditions, portfolio risk management, and strategic opportunities and direction. Our governance structure ensures independent oversight while enabling efficient decision-making for our investment operations.

Our Team: Specialized Expertise Driving Performance

Vicman's Capital's team brings deep expertise across every critical function of residential real estate investment.

Investment & Finance

Real Estate Investment Strategy
Financial Analysis and Reporting
Risk Management
Tax and Regulatory Compliance

Development & Construction

Project Development
Construction Management
Renovation Oversight
Quality Control

Legal & Operations

Legal and Regulatory Affairs
Property Management
Tenant Services
Business Development

Meet Our Full Team

Corporate Responsibility Oversight

The Board of Directors oversees investment, risk, and governance through dedicated committees. This structure ensures accountability, independent oversight, and alignment with long-term investor interests.

Investment Committee

Overseeing investment strategy, property acquisitions, portfolio management, and performance monitoring to drive long-term returns.

Audit & Risk Committee

Ensuring financial integrity through rigorous reporting, regulatory compliance, risk frameworks, and independent external audit oversight.

Compensation & Governance Committee

Governing board composition, management compensation, succession planning, investor engagement, and ESG oversight.

Investor Engagement & Transparency

We are committed to open, timely, and meaningful engagement with our investors.

Engagement

We maintain transparent, ongoing communication with our investors — through regular meetings, quarterly performance updates, annual reports, and direct access to management.

Transparency

We provide detailed financial disclosure covering portfolio composition, financing arrangements, property-level performance, fee structures, and market sensitivity analysis.

Ethics & Compliance

We operate under a strict Code of Ethics, AML compliance, conflict of interest policies, and Fair Housing standards — with robust internal controls and regular compliance audits.