GID’s executive team, in partnership with the in-house compliance department, is responsible for identifying, assessing, managing, and monitoring risk across the organization. The compliance program identifies and assesses risks, including regulatory requires, and implements policies and procedures to ensure adequate controls exist to manage the risk. The team also conducts training to ensure that policies are understood, and regularly performs testing to monitor any issues that may arise. In addition, GID employs an in-house insurance management team responsible for managing the firm’s risk transfer and self-insurance programs.
Similarly, GID’s risk management framework is embedded into the investment process to ensure GID accepts only appropriate levels of risk in the pursuit of any given transaction. Determination of both the probability and the scale of various risk factors in a transaction is a significant emphasis for Investment Committee members and requires close collaboration between GID’s acquisition, asset management, property management and development teams. GID’s emphasis on risk-adjusted returns has guided investment decision making since the firm’s inception. GID views risk management as a competitive advantage in the marketplace. In addition, GID employs an in-house risk management team responsible for managing the firms risk transfer and self-insurance programs.