Private equity fund Element GTPP, managed by Raison Asset Management, has completed its 2021 statutory annual audit. Baker Tilly, one of the largest international accounting firms, acted as an auditor. The report is already available for review by current and potential clients of the fund.
Following the International Standards on Auditing, all financial (accounting) statements of the fund for 2021 have passed an independent audit. This includes the financial position of the fund, its financial performance, its changes in equity, and its cash flow.
In 2020, the Element GTTP fund was also audited by Baker Tilly. For clients of Raison Asset Management, an annual independent audit serves as an additional guarantee that the financial condition of the fund and the company corresponds to the declared one.
About the fund
Element GTPP is a multi-stage venture capital fund managed by Raison Asset Management, which invests in private companies at all stages of their development. The portfolio includes more than 35 companies, including SpaceX, Scale AI, and ConsenSys.
About the auditor
Baker Tilly is a network of accounting and consulting companies in 148 countries. Included in the top 10 accounting firms in revenue ($4.3 billion in 2021) and number of employees (39 thousand people).