The Hartford Private Equity Choice® Policy
Target: Tradition PE, Growth PE, Venture Capital, Real Estate Funds, Mezzanine Funds, SBIC Funds and Fund of Funds
The Hartford Private Equity Choice® Policy responds to the complex needs of private equity and venture capital firms structured as limited partnerships, general partnerships, joint ventures, corporate D&O/partnership D&O (combination), trusts, limited liability companies (LLCs), limited liability partnerships. The policy helps protect directors, officers, managers, principals and general partners of and funds against loss (damages and defense cost) arising out of their status or conduct as such. Coverage is also provided for regulatory proceedings targeting the firm and professional services rendered by the firm and its employees. Further, outside directorship liability is available for directors who sit on boards of portfolio companies. Common claims allege breach of duty, regulatory violations, unfair market conduct, controlling shareholder liability, and prospectus misrepresentation.
New Business Applications