Important Information About Procedures for New Clients
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person or entity with whom we do business. When we establish a new business relationship, we may ask for certain information that will allow us to identify you. We may also request certain identifying documents.
- The materials herein are not intended as an offer or solicitation for the purchase or sale of any financial instrument, are for information purposes only, and should not be reproduced without the permission of Partner Capital Group.
- Neither statistics nor past results are indicative of future performance. In providing the attached information, Partner Capital attempts to ensure the accuracy of the information; however, Partner Capital does not audit and cannot guarantee the complete accuracy of such information.
- Opinions and estimates constitute our judgment and are subject to change without notice. The information herein should not be construed as investment or legal advice. Partner Capital assumes no responsibility for the interpretation, accuracy or completeness of the information. Each reader is solely liable for any use such reader may make of this information.
- Any statistic is based on the historical behavior of whatever is being measured. No statistic is perfect, and, in addition, both the world and fund behavior do change. Accordingly, investors should exhibit caution in using statistics as guidelines to investment decisions. Statistics do not and cannot predict events in the future with any certainty. Investors should make their decisions based on a variety of factors in addition to looking at statistics and past results as possible guidelines. Alternative investments have inherent in them an element of risk that is not present to the same degree in many other investments, such as mutual funds. That risk is the future use of bad judgment by the fund manager in such areas as portfolio concentration, leverage and/or liquidity. Further, that particular risk is not measurable, as, by definition, it relates to the future. For example, many funds use large amounts of leverage and the risk control of the fund’s leverage is often totally dependent, from moment to moment, on the judgment of its manager. While the history of such funds overall has been good in this regard, there have been occasional fund failures. Accordingly, a single fund, or a number of funds, that might exhibit low volatility in the past, could become much more risky very quickly if the fund managers in question did not control risk as well as they had in the historical periods measured.
- INVESTORS ASSUME RESPONSIBILITY FOR PERFORMANCE OF ALL DUE DILIGENCE. THE FINAL DECISION WHETHER OR NOT TO INVEST WITH A MANAGER RESTS SOLELY WITH THE INVESTOR, AND THE INVESTOR AGREES IT SHALL NOT BE BASED ON ANY INFORMATION PROVIDED BY PARTNER CAPITAL GROUP AND/OR ANY AFFILIATES.
- INVESTMENTS IN ALTERNATIVE INVESTMENTS ARE SPECULATIVE AND INCLUDE A HIGH DEGREE OF RISK. INVESTORS COULD LOSE THEIR ENTIRE INVESTMENT. ALTERNATIVE INVESTMENTS ARE SUITABLE ONLY FOR PERSONS WHO ARE ABLE TO ASSUME THE RISK OF LOSING THEIR ENTIRE INVESTMENT. ALTERNATIVE INVESTMENTS: OFTEN ENGAGE IN LEVERAGING AND OTHER SPECULTIVE INVESTMENT PRACTICES THAT MAY INCREASE THE RISK OF INVESTMENT LOSS; CAN BE HIGHLY ILLIQUID; MAY HAVE RESTRICTIONS ON TRANSFERRING INTERESTS; MAY HAVE NO SECONDARY MARKET NOR IS ONE EXPECTED TO DEVELOP; ARE NOT REQUIRED TO PROVIDE PERIODIC PRICING OR VALUATION INFORMATION TO INVESTORS; MAY INVOLVE COMPLEX TAX STRUCTURES AND DELAYS IN DISTRIBUTING INPORTANT TAX INFORMATION; ARE NOT SUBJECT TO THE SAME REGULATORY REQUIREMENTS AS MUTUAL FUNDS OR OTHER INVESTMENT VEHICLES; CAN HAVE VOLATILE PERFORMANCE; MAY HAVE HIGHER FEES THAN OTHER INVESTMENT VEHICLES, AND THESE FEES CAN OFFSET PROFITS. ALTERNATIVE INVESTMENT MANAGERS HAVE TOTAL TRADING AUTHORITY OVER THEIR FUNDS. SOME PORTION OF AN ALTERNATIVE INVESTMENT MANAGER’S TRADES MAY BE EXECUTED ON FOREIGN EXCHANGES. PROSPECTIVE INVESTORS SHOULD CAREFULLY CONSIDER THESE RISKS BEFORE INVESTING.
Partner Capital Group’s Business Continuity Planning
Partner Capital Group has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at 615-312-4120/203-487-6185 or by email, you should go to our web site at www.partnercap.com to see how to contact us. In addition, you can contact the hedge fund managers in which you have an investment directly.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
As we do not conduct any trading activities, maintain custody of customers’ funds or securities, or get involved in the transactions between investors and hedge funds, any significant business disruption should not affect client portfolios.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 24 hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business as quickly as possible. In either situation, we plan to continue in business and notify you through our web site (www.partnercap.com) or our telephone numbers (615-312-4120 or 203-487-6185) on how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, you can contact the hedge fund managers in which you have an investment directly.
For more information – If you have questions about our business continuity planning, you can contact us at 615-312-4120 or firstname.lastname@example.org.
You will find herein Partner Capital Group, LLC (“PCG”) privacy notice required by Regulation S-P. PCG does not disclose nonpublic personal information about our prospective clients or former clients to third parties other than described below.
We collect information about you (such as your name, address, social security number, assets and income) from our discussions with you, from documents that you may deliver to us. We may use this information to facilitate your investments in Funds or otherwise in furtherance of our business. In order to service your account and assist you in your transactions, we may provide your personal information to our affiliates and to other firms that assist us in servicing your account and have a need for such information, such as a fund administrator. We may also disclose such information to service providers and financial institutions with which we have joint marketing arrangements. We require third party service providers and financial institutions with which we have joint marketing arrangements to protect the confidentiality of your information and to use the information only for the purposes for which we disclose the information to them. We do not otherwise provide information about you to outside firms, organizations or individuals except to our attorneys, accountants and auditors and as permitted or required by law.
We restrict access to nonpublic information about you to our employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your personal information.
If you have any questions related to this notice, please call us at (615) 312-4120.