{"id":29670,"date":"2012-06-25T08:05:34","date_gmt":"2012-06-25T12:05:34","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=29670"},"modified":"2012-06-25T08:18:25","modified_gmt":"2012-06-25T12:18:25","slug":"key-man-life-insurance-policies-part-of-due-diligence-at-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2012\/key-man-life-insurance-policies-part-of-due-diligence-at-hedge-funds.html","title":{"rendered":"Key Man Life Insurance Policies Part Of Due Diligence At Hedge Funds"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/cw-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-29673\" title=\"Insurance\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/cw-1-210x300.jpg\" alt=\"\" width=\"147\" height=\"210\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/cw-1-210x300.jpg 210w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/06\/cw-1.jpg 252w\" sizes=\"auto, (max-width: 147px) 100vw, 147px\" \/><\/a>New York (HedgeCo.net) &#8211; Institutional investors are pressuring hedge funds to buy key man life insurance to protect against the risk of a manager\u2019s sudden demise, hedge fund\u00a0risk management and insurance advisor\u00a0SKCG Group reports.<\/p>\n<p>\u201cHedge funds are unique. Their \u2018product\u2019 is achieving positive returns and that product is often completely dependent on the intelligence and skill of one or more individuals within the firm,\u201d says David Parker, President of the Employee Benefits Division at White Plains, New York-based SKCG Group. \u201cIf a fund loses one of those individuals, the next step is often the dissolution of the company. Key man insurance can make the difference between an orderly wind down and a chaotic one.\u201d<\/p>\n<p>SKCG estimates insurance companies wrote 10% more key man policies in 2011, compared to 2008.<\/p>\n<p>Institutional Investor magazine reports in it&#8217;s June cover story\u00a0that more than $600 billion is currently managed by hedge funds whose founders will turn at least 60 in the next decade.\u00a0\u201cBillions of dollars worth of assets\u2026are at stake,\u201d the publication states.<\/p>\n<p>Alex Akesson <br \/>Editor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Institutional investors are pressuring hedge funds to buy key man life insurance to protect against the risk of a manager\u2019s sudden demise, hedge fund\u00a0risk management and insurance advisor\u00a0SKCG Group reports. \u201cHedge funds are unique. Their \u2018product\u2019 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[919,3],"tags":[],"class_list":["post-29670","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-research","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=29670"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29670\/revisions"}],"predecessor-version":[{"id":29672,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/29670\/revisions\/29672"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=29670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=29670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=29670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}