GID’s executive team, in partnership with our Enterprise Risk Management Department (“ERM”), is responsible for identifying, assessing, managing, and monitoring risk across the organization. GID’s ERM department has developed and communicated policies and procedures across the Company to ensure adequate controls exist to manage the business appropriately and to fulfill our fiduciary duties to our clients. ERM provides us with a reliable model to objectively confirm that the business is complying with internal policies, regulatory requirements, and client obligations.
Similarly, GID’s risk management framework is embedded into our investment process to ensure we understand the level of risk taken 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. Our emphasis on risk-adjusted returns has been a key influence in our investment decision making process since the firm’s inception. We view Risk Management as a competitive advantage in the marketplace.