Risk Management

Managing risk is crucial to both our business as well as our portfolios. At Harcourt, the risk management process starts before we initiate an investment with our demanding due diligence process for manager and fund selection. Once selected, the hedge funds are rigorously monitored with constant reviews of NAVs, risk exposures and portfolios. At the portfolio level, Harcourt’s risk management process entails a systematic review of aggregated risk exposures and deviations from desired correlation, risk and return targets, and further ensures that there are no breaches of Harcourt’s investment guidelines. Our operational risk procedures minimize the risks associated with trade execution, FX transactions, NAV calculations and back office operations.