As a full-service insurance advisory, Iron Cove is highly sought-after across the investment services sector. Recently, the company was brought on in an advisory capacity by a hedge fund preparing to launch. Understandably, the fund’s COO was burdened by all the early decisions such firms must make. Which vendors should be used? What alternatives exist for employee healthcare? How will the administrative costs break down? Even for executives seasoned in operational excellence, correctly arriving at the best solution can take time better spent tackling mission-critical objectives.
Our team regularly speaks with emerging managers about purchasing D&O Insurance at the early stages of fund formation and the cost feasibility of such an investment.
Tags: advisory, brokerage, directors and officers liability, Directors & Officers Liability, emerging hedge fund manager, feasibility, hedge funds, Insurance, insurance, investor risk, Iron Cove Partners, Lou D'Agostino, protection, regulatory risk