Customized real estate investment accounts funded by one qualified investor. The manager makes investments from the account to meet the strategic and other portfolio management needs of the institutional investor. In certain jurisdictions, it can also be known as separate, segregated or single client account or mandate. The account's investment mandate can be of discretionary or non-discretionary nature.
Global Definitions Database
Single Account
Source: Global | Date: 22 March 2021 | ID: D0367 | Version: 8
Synonyms:
Single Client Account
Separate Account
Segregated Account
Separately Managed Account
Parent term
Vehicle
The overarching term for any kind of investment structure, including funds, joint ventures, club deals and separate or single accounts.
Related
Vehicle Documentation
The key documents, including their annexes, establishing a contractual framework of how the Vehicle will operate and the significant legal rights a...
Composite
A composite is an aggregation of one or more portfolios into a single group that represents a particular investment objective or strategy. See www....
Life Insurance Separate Account
Funds held by a life insurance company that is maintained separately from the insurer’s general assets. It is generally used for investing pe...
Joint Venture
A Vehicle with at least two parties with a common investment objective. Control over sig...
Club Deal
Informal industry term used to describe an investment Vehicle or structure (often a fund) with generally a limited number of investors investing in...
Pooled Trusts
A multi-investor investment Vehicle which is legally structured as a trust.
Fund
A Vehicle where capital is pooled together and managed as a single entity with a common ...