Thursday, 27 August 2015
Last updated 44 min ago
Oct 18 2012 | 4:19am ET
Nephila Capital, an investment manager specializing in natural catastrophe and weather risk reinsurance, has become a signatory member of the Hedge Fund Standards Board.
HFSB brings together managers, investors, regulators and consultants from around the world to help set hedge fund industry standards.
“As part of the application process, we performed an in-depth, gap analysis of the firm’s control structure in areas including disclosure, valuation, operational risk, governance, risk management and shareholder conduct,” said Steve Glassman, a principal and chief compliance officer with Nephila. “This process was very beneficial to the firm and we expect it to provide an on-going benefit as each member of the HFSB is required to commit and conform to the standards on an annual basis.”
The HFSB standards are reviewed regularly in collaboration with managers and investors to ensure that they are effective guidelines, remain relevant, and are consistent with public policy and evolving industry practices.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…