When an extra pair of experienced hands makes the difference
Not every manager needs a full build-out. Sometimes the gap is narrower and more specific: a fund launch that needs senior oversight before the internal hire lands, a board that wants an independent view on risk, or an onshore team that could use a Cayman-based officer sitting alongside them on the harder calls.
Artemis offers outsourced investment and risk officer support for exactly these situations. The engagement is scoped to what the structure actually needs, no more, no less, and delivered by senior people who have run these functions themselves, not by a platform passing work down a chain.
What the role typically covers
Scope is agreed engagement by engagement, but the work usually sits in one or more of the following areas:
- Investment oversight. Review of mandates, guidelines, portfolio construction and adherence to the fund’s stated strategy. Escalation of material matters to the board.
- Risk oversight. Independent review of market, liquidity, counterparty and operational risk. Sense-checking risk reporting, limits and breach procedures.
- Governance interface. Sitting between the onshore manager, the board and service providers so that decisions are documented, challenged where needed and defensible after the fact.
- Outsourced CIO-style support. Investment strategy and allocation review, manager selection and operational due diligence, and investment committee materials.
- Functional separation. Where the structure calls for it, a proportionate framework separating portfolio management from risk management without making the arrangement unnecessarily heavy.
Where it tends to fit
The support is most useful for emerging and mid-sized managers, firms testing new strategies, groups in transition between onshore managers, and boards that want an experienced officer on tap without carrying the cost of a full-time hire. It also works as an interim step for managers building towards an internal licence or an in-house risk function.
How Artemis approaches it
Honestly. If the engagement doesn’t need us, we’ll say so. If it needs more than we’re being asked to do, we’ll say that too. The point of an outsourced officer is to add real judgement to the structure: to be involved enough to be useful, and never so involved that we’re cutting across the people already doing the work.
Oversight should make the manager’s job easier to defend, not harder to do.
Every engagement is led by a senior member of the Artemis team, documented in a way that stands up to regulator, auditor and investor scrutiny, and reviewed as the business grows so the scope stays proportionate to what’s actually required.
Senior investment and risk oversight, on tap.
Not every manager needs a full-time CIO or Head of Risk on the payroll, but most structures still need someone senior who can read the portfolio, challenge the numbers, and stand behind the decisions.
Artemis provides outsourced Investment Officer and Risk Officer support for funds, family offices and management companies that want experienced judgement without the fixed cost of a permanent hire. We plug in where you need us: portfolio oversight, risk framework design, investment committee participation, or day-to-day sense-checking of what your managers and service providers are producing.
The work is hands-on and scoped up front, so you know exactly what we're doing, what stays with your team, and how the oversight is evidenced.
Portfolio oversight
Independent review of positioning, exposures and performance against mandate, so someone senior is genuinely looking, not just signing.
Risk framework and monitoring
Practical risk policies, limits and reporting that fit the strategy. Built to be used, not filed away until the next audit.
Investment committee participation
A seat at the table with real challenge: reviewing recommendations, testing assumptions, and documenting decisions properly.
Manager and service-provider oversight
Ongoing review of delegated managers, administrators and counterparties, testing what's reported against the mandate and agreed limits.
Interim and transition cover
Senior cover while you recruit, restructure or move between managers. Continuity without a rushed permanent hire.
How we work
Standing up outsourced investment and risk support
A senior-led engagement, scoped carefully at the outset so responsibilities are clear and the oversight is proportionate to the structure.
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Talk through the structure
A direct conversation with Al or Hugh to understand the fund, the onshore manager, counsel and service providers already in place, and what Cayman-side oversight the structure actually needs. No pitch deck, no junior triage.
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Agree scope and decision rights
We agree what Artemis covers (risk officer, investment review, manager selection, due diligence, investment committee support or ongoing input), what stays with your team, and who holds decision rights.
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Set the reporting cadence
We agree what information comes to Artemis and when, proportionate to the strategy, liquidity and regulatory expectations of the structure.
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Review, challenge and escalate
We review risk and portfolio materials, attend investment committee or board meetings where scoped, challenge where needed and escalate material matters promptly.
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Document and adjust
Oversight is recorded as the engagement runs, and the scope is reviewed as the business grows, brings functions in-house or changes strategy.
Common questions
Questions we're asked about outsourced officer support
Short, technical answers to the questions counsel, managers and service providers actually raise before an engagement starts.
Next step
Scope the right level of oversight for your structure.
A short call with Al or Hugh is usually enough to work out whether outsourced investment or risk support is the proportionate route.