With offices across the world, GTIS has a significant presence in both the United States and Brazil. Managing close to 60,000 residential units in major home building markets in the U.S., including the Southeast and Southwest, their combined value exceeds $10 billion.
Recently, a panel of experts joined Michael Neuman, Backstop’s VP of Information Security, for a roundtable discussion on how COVID-19 is impacting business.
As one of the most successful family offices in the nation, the senior team at the Hillman Company wanted to leave behind a legacy that would stand the test of time.
The clarity of the security questions an asset allocator includes in a request for information (RFI) to a potential vendor is critical. One of the biggest problems we see in the security questionnaires asset allocators send us is that they ask binary questions. The problem with Yes/No questions is that they often elicit potentially misleading, ambiguous, incomplete, or irrelevant information. The answers to binary questions (“Yes” or “No”) cannot give an asset allocator a complete picture and consequently can lead to a relationship with a vendor that leaves the door open to unacceptable security risks.
There is usually a smart way and a hard way to do things. This universal truth also applies to alternative asset management firms who are trying to raise capital. So often, they are raising capital the hard way.