09 Nov 2021
Cybersecurity: Updated Guidance for Private Fund Managers
Practical Guidance offers updated practice notes that discuss cybersecurity—the practice of protecting systems, networks, and programs from digital attacks—specifically as it relates to the role and responsibilities of both hedge fund and private equity fund managers.
Private fund managers face a host of legal and regulatory requirements; understanding and mitigating risk is an important element of their responsibilities. By understanding and combatting the cybersecurity risks unique to the operation of private funds, managers can better protect their investors and their assets, while avoiding additional scrutiny from regulators. And for attorneys charged with advising private fund managers—whether as internal or outside counsel—an understanding of the rapidly changing cybersecurity legal and regulatory landscape is essential.
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