Strict Segregation of Partnership Assets
OTR Partners maintains absolute legal and operational separation between the operating accounts of its Management/Advisory entities (OTR Management / OTR Advisors) and the capital accounts of its investment vehicles (Off the Record Partners L.P. / SCSp and underlying Delaware SPVs). Investor commitments are never commingled with the general corporate funds of the General Partner or Investment Manager.
Tier-1 Banking & Custodial Relationships
All partnership subscription proceeds, working capital reserves, and royalty collection accounts are held exclusively with regulated Tier-1 banking institutions and qualified custodians across the United States, Luxembourg, and approved international financial centers.
Independent Fund Administration & Audit
To ensure institutional transparency and accurate Net Asset Value (NAV) calculation:
- Independent Fund Administrator: Capital calls, distributions, investor registry maintenance, and partner capital account statements are processed and verified by an independent third-party Fund Administrator.
- Dual-Authorization Treasury Controls: All wire transfers, asset acquisitions, and LP distributions require multi-signature treasury authorization involving both senior principals of the General Partner and independent compliance/administration verification.
- Independent Annual Audit: The financial statements of our primary fund vehicles undergo annual examination by an independent auditing firm in accordance with US GAAP or IFRS.
Ring-Fenced SPV Architecture for IP & Catalog Acquisitions
When acquiring music catalogs, master recordings, publishing rights, or corporate equity in the United States and globally, assets are held inside dedicated, bankruptcy-remote Special Purpose Vehicles (Delaware LLCs / Luxembourg S.à r.l.). This ring-fenced structure isolates asset-level liabilities and ensures that royalty streams (via ASCAP, BMI, SoundExchange, The MLC, and global distributors) flow directly into segregated collection accounts.
Wire Fraud Warning & Capital Call Verification
OTR Partners will never notify you of a change in bank wire instructions via unverified email. All Capital Call Notices are published directly within the encrypted LP Investor Portal.