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Paul Grassi: How hedge fund insurance evolved since 2000
Dec 21 20121 Comment
Paul Grassi, the leader of the hedge fund practice at Wells Fargo Insurance Services, has been insuring hedge fund managers since 2000.
In this Opalesque BACKSTAGE video, we look at the requirements and some intricacies of hedge fund insurance, which is mostly driven by institutional investors. Paul explains how hedge fund insurance has evolved since 2000, the prominent exposure that for example activist funds are confronted with, and if hedge fund insurance is more a U.S. domestic or rather a global theme.
Paul Grassi is a CPA but left accounting about 12 years ago to become a broker where he has since focused on professional liability for hedge funds, funds of hedge funds, venture capital and private equity backed organizations with both on and off shore operations. Paul has led the national hedge fund practice for Wells Fargo since joining the firm in 2004. Wells Fargo Insurance Services is a wholly owned subsidiary of Wells Fargo Bank. [less]
Paul Grassi, the leader of the hedge fund practice at Wells Fargo Insurance Services, has been insuring hedge fund managers since 2000.
In this Opalesque BACKSTAGE video, we look at the requirements and some intricacies of hedge fund insurance, which is mostly driven by institutional investors. Paul explains how hedge fund insurance has evolved since 2000, the prominent exposure that for example activist funds are confronted with, and if hedge fund insurance is more a U.S. domestic or rather a global theme.