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financial institutions

SEC Administrative Proceeding Cites Violation of Advisers Act Due to Insurance Premium Allocation Practices

October 18, 2016
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The SEC has commenced enforcement proceedings against a large greenwich based Hedge Fund siting violations of section 206(2), 206(4) and 206(4)-8 of the Investment Advisers Act in part resulting from inadequate insurance premium allocation methodology.

Section 206 of The Investment Advisers Act of […]

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D&O Insurance Case Study: $10 Billion RIA & Hedge Fund Firm

August 30, 2016
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Hedge Fund Insurance Case Study
Who: $10 Billion Outsourced Investment Firm and Alternative Asset Management Firm
The Risks: Asset Management firms face a number of complex liability exposures that require proactive risk management consulting. Advisers face risks stemming from the performance of […]

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Emerging Hedge Fund Managers: Insurance Needs Guide

March 11, 2016
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Launching a hedge fund is no easy task. From drafting the formational documents to regulatory filings to selection of key and critical vendors, there is no shortage of things to do prior to launch. Add to that list evaluating the respective insurance needs of a start-up fund […]

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Management Company Liability to Outside Shareholders

Most Money Management Firms purchase blended D&O and E&O Insurance Policies under the assumption that they are covered in the event an outside shareholder brings a lawsuit alleging mis-management or breach of fiduciary. While they may be right, there are a variety of […]

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