Hedge funds and private investment funds may be the investment vehicles of choice for many discriminating investors, but with a reputation for volatility, they also can become easy scapegoats during global economic downturns. Sophisticated investors' expectations of superior performance, coupled with their insistence on scrupulous adherence to applicable standards of care, good faith, and fiduciary duty, create a wide array of liability exposures for the funds, their general partners, and affiliated service providers.
Lenix REinsurance Intermediaries has access to specialist brokers and underwriters to offer the coverage which best fits the needs of companies which main activity is the provision of Fund of hedge funds.