Website Privacy Policy

WEBSITE PRIVACY POLICY – October 2019

INTRODUCTION

East Lodge Capital Partners LLP (“East Lodge Capital”) respects your privacy and is committed to protecting your personal data. This privacy notice will inform you as to how we look after your personal data when you visit our website (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you.

1.  IMPORTANT INFORMATION AND WHO WE ARE

PURPOSE OF THIS PRIVACY NOTICE

This privacy notice aims to give you information on how East Lodge Capital collects and processes your personal data through your use of this website, including any data you may provide through this website when you register.

It is important that you read this privacy notice together with any other privacy notice or fair processing notice we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data. This privacy notice supplements the other notices and is not intended to override them.

CONTROLLER

East Lodge Capital is the controller and responsible for your personal data (collectively referred to as the “Firm”, “we”, “us” or “our” in this privacy notice).

We have appointed a data privacy manager who is responsible for overseeing questions in relation to this privacy notice. If you have any questions about this privacy notice, including any requests to exercise your legal rights, please contact the data privacy manager using the details set out below.

CONTACT DETAILS

Our full details are:

East Lodge Capital Partners LLP, Aldermary House, 10-15 Queen Street, London EC4N 1TX

Data Privacy Manager:  Ken Towers

ken.towers@eastlodgecapital.com

You have the right to make a complaint at any time to the Information Commissioner’s Office (ICO), the UK supervisory authority for data protection issues (www.ico.org.uk). We would, however, appreciate the chance to deal with your concerns before you approach the ICO so please contact us in the first instance.

YOUR DUTY TO INFORM US OF CHANGES

It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.

2. THE DATA WE COLLECT ABOUT YOU

Personal data, or personal information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).

We may collect, use, store and transfer different kinds of personal data about you which we have grouped together follows:

  • Identity Data includes first name, last name, title.
  • Contact Data includes email address and telephone number.
  • Technical Data includes internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform and other technology on the devices you use to access this website.
  • Usage Data includes information about how you use our website
  • Marketing and Communications Data includes your preferences in receiving marketing from us and your communication preferences.

We also collect and use Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data may be derived from your personal data but is not considered personal data in law as this data does not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacy notice.

We do not collect any Special Categories of Personal Data about you (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data). Nor do we collect any information about criminal convictions and offenses.

3. HOW IS YOUR PERSONAL DATA COLLECTED?

We use different methods to collect data from and about you including through:

  • Direct interactions. You may give us your identity and contact details by filling in forms or by corresponding with us by post, phone, email or otherwise. This includes personal data you provide when you
    •  Register for full access on our website; or
    •  Request investment communications be sent to you.
  • Automated technologies or interactions. As you interact with our website, we may automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies and other similar technologies. Please see our Cookie Policy for further details.

4. HOW WE USE YOUR PERSONAL DATA

We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:

  • Where we need to perform the contract we are about to enter into or have entered into with you.
  • Where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests.
  • Where we need to comply with a legal or regulatory obligation.

Generally we do not rely on consent as a legal basis for processing your personal data other than in relation to sending investment communications to you via email. You have the right to withdraw consent to these communications at any time.  Please contact us if you would like to do so.

PURPOSES FOR WHICH WE WILL USE YOUR PERSONAL DATA

We have set out below, in a table format, a description of all the ways we plan to use your personal data, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate.

Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us if you need details about the specific legal ground we are relying on to process your personal data where more than one ground has been set out in the table below.

 

Purpose/Activity

 

Type of data

 

Lawful basis for processing including basis of legitimate interest

 

To register you when you visit our website

 

(a) Identity

(b) Contact

Necessary for legitimate interest (to comply with your request)

To manage our relationship with you which will include notifying you about changes to our terms or privacy policy

 

(a) Identity

(b) Contact

 

(a) Necessary to comply with a legal obligation

(b) Necessary for our legitimate interests (to send investor communications to you)

 

To administer and protect our business and this website (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data)

 

(a) Identity

(b) Contact

(c) Technical

 

(a) Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security or to prevent fraud)

(b) Necessary to comply with a legal obligation

To use data analytics to improve our website

 

(a) Technical

(b) Usage

 

Necessary for our legitimate interests (to keep our website updated and relevant) 


INVESTMENT INFORMATION FROM US

You will receive investment communications from us if you have requested information from us and you have not opted out of receiving those communications.

OPTING OUT

You can ask us to stop sending you investment communications at any time by following the opt-out links on any investment communication sent to you or if you contact us at any time.

Where you opt-out of receiving these communications, this will not apply to personal data provided to us as a result of registering to use the website.

COOKIES

You can set your browser to refuse all or some browser cookies or to alert you when websites set or access cookies. If you disable or refuse cookies, please note that some parts of this website may become inaccessible or not function properly. For more information about the cookies we use, please see our Cookie Policy.

CHANGE OF PURPOSE   

We will only use your personal data for the purposes for which we collected it unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us.

If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.

Please note that we may process your personal data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.

5. DISCLOSURES OF YOUR PERSONAL DATA

We may have to share your personal data with service providers acting as processors who provide IT and system administration services for the purposes set out in the table in paragraph 4 above.

We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.

6. INTERNATIONAL TRANSFERS

We do not transfer your personal data outside the European Economic Area.

7. DATA SECURITY

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those members of staff and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality.

We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

8. DATA RETENTION

HOW LONG WILL YOU USE MY PERSONAL DATA FOR?

We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.

To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.

9. YOUR LEGAL RIGHTS

Under certain circumstances, you have rights under data protection laws in relation to your personal data.

  • the right to request access to your personal information;
  • the right to have your personal information rectified;
  • the right to have your personal information erased;
  • the right to request that your personal information is only used for restricted purposes;
  • (if the lawful basis for processing your personal information is the legitimate interest of the Fund/ the Investment Manager) the right to object to your personal information being processed, for example, for marketing;
  • (in some circumstances) the right to require certain of your personal information to be transferred to you or a third party; and
  • the right to lodge a complaint with the relevant data regulator in your jurisdiction.

If you wish to exercise any of the rights set out above, please contact the Data Privacy Manager.

10.  GLOSSARY

LAWFUL BASIS

Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law).

Performance of Contract means processing your data where it is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract.

Comply with a legal or regulatory obligation means processing your personal data where it is necessary for compliance with a legal or regulatory obligation that we are subject to.

Alistair Lumsden, Chief Executive Officer & Chief Investment Officer

Mr. Lumsden is the Chief Executive Officer and Chief Investment Officer of East Lodge Capital Partners LLP (“ELC”). He chairs ELC’s Investment Committee and is a member of the firm’s Management Committee and Risk Management Committee. Mr. Lumsden has over 25 years of investment experience, and he is responsible for overseeing all investment decisions for the firm. Prior to founding ELC, Mr. Lumsden was the Chief Investment Officer of Asset Backed Securities at CQS and a member of CQS’ Executive Committee and Risk Management Committee. While at CQS, Mr. Lumsden established the firm’s global Asset Backed Securities business for which he built an 11-person team and oversaw $3.2 billion in assets, including the $2.3 billion CQS ABS Fund and ~$900 million in custom mandates for institutional investors. Prior to CQS, Mr. Lumsden was an Executive Director and Senior Asset Manager of the Vehicle Management Group at Rabobank International, where he was a founding member of a three-person management team responsible for structuring, launching and running a third party Structured Investment Vehicle called Tango along with Messrs. Swallow and Towers. He helped grow Tango to a $10 billion business before leaving to join CQS in 2006. Mr. Lumsden began his career at Abbey National Treasury Services in 1993 where he was responsible for developing the firm’s US Subprime strategy, and later took over management of global mortgage products and other ABS strategies, a $15 billion business. Mr. Lumsden obtained a BSc (Hons) 1st Class in Business and Management Studies from the University of Bradford.

Jason Etherington, Chief Operating Officer

Jason Etherington is the Chief Operating Officer of East Lodge Capital Partners LLP (ELC). Having spent many years in senior leadership roles, including 27 years in the British Army, Mr. Etherington brings considerable strategic and operational experience to East Lodge. As Chief of Staff, Mr. Etherington leads all non-investment related departments within the firm and works closely with Mr. Lumsden, CEO & Chief Investment Officer, on the development of the firm’s growth strategy. Most recently, Mr. Etherington was the Managing Director for the Security Division of Atalian Servest, one of the world’s largest privately-owned facilities management groups. In this role, he was responsible for 1500 individuals serving a variety of significant clients nationwide. Mr. Etherington’s innate ability to build relationships helped to deliver high profile clients such as the Foreign and Commonwealth Office, the Scottish Courts and the Royal British Legion. Prior to joining Atalian Servest, Mr. Etherington served in the British Army from 1992 to 2016, attaining the rank of Colonel. Mr. Etherington’s long and distinguished military career culminated in his recognition in the 2016 New Years’ Honours List where he was awarded an OBE by Her Majesty the Queen. During his time in the British Armed Forces, Mr. Etherington led the Attack Helicopter force and was responsible for the training, readiness and operational deployments of up to 3,000 individuals in the UK, Afghanistan and Libya. Prior to this, Mr. Etherington served as the Chief Planner for Joint Force Headquarters, the organization responsible for emergency deployments worldwide. In this capacity, he worked with the British High Commission in Nairobi, and led the contingency planning for the potential evacuation of all British nationals during the election period in 2013. He has also served as a Regimental Commanding Officer, a Chief of Staff of one of only two Army logistic brigades and the Chief Planner for a multinational organization in Kosovo. As a military aviator and Apache helicopter pilot, Mr. Etherington flew combat missions in support of the UK, the US and other NATO forces in Afghanistan, and as the UK’s most senior attack helicopter leader, he was responsible for Aviation Risk Management for the entire attack helicopter fleet. This involved conducting regular briefings to senior military and civilian leaders of several countries’ militaries including the UK, the US, Italy, France, Germany and Columbia. He was also deployed to several regions of conflict, including Bosnia, Kosovo, Iraq, Afghanistan and Libya. Mr. Etherington holds a MA in Defense Studies/Technology from Cranfield University and received the Cranfield University award for Outstanding Performance.

Ken Towers, Chief Financial Officer

Mr. Towers is Chief Operating Officer at ELC and is a member of the Firm’s Management Committee. He has over 24 years of experience in the financial services industry, over half of which has been in structured credit. Prior to joining ELC, Mr. Towers spent close to 14 years with Rabobank where he was most recently Managing Director, European Head of Balance Sheet Management (Treasury) and a bank nominated Trustee Director of Rabobank’s London employee pension fund. During his time at Rabobank, Mr. Towers was a founding member of a three-person management team responsible for structuring, launching and running a third party Structured Investment Vehicle called Tango, along with Mr. Lumsden. Mr. Towers also held positions within Treasury, Financial Markets and Corporate Banking at Rabobank, with responsibility for Balance Sheet Management, Liability Management, Portfolio Management, Structuring, and Governance. Previously, Mr. Towers spent 8 years at Gordian Knot, where he served initially as a systems designer before moving on to lead the Risk Management and Treasury functions. Mr. Towers holds a BSc (Hons) 1st Class in Computer Science from Swansea University.

Karyn Geringer, Global Head of Business Development

Ms. Geringer is Head of Marketing and Business Development at ELC, and a member of the firm’s Management Committee. She has over 19 years of experience in the financial services industry. In her role, she has overall responsibility for the firm’s Marketing, Business Development and Investor Relations efforts globally. Prior to joining ELC, Ms. Geringer was a Principal and Head of Marketing, Americas at CQS, a London-based multistrategy firm. While at CQS, she implemented a marketing and client service plan for the Americas region and led a team that was responsible for growing the firm’s U.S. client base five-fold. Prior to joining CQS, Ms. Geringer was co-Head of Marketing for North America at GLG Partners where she helped build and develop the firm’s institutional client base in the U.S. and Canada. Before GLG, she was a Senior Vice President at Pequot Capital Management responsible for marketing and client service in North America, and prior to this, she was a Vice President at Credit Suisse where she was a member of the capital introductions team. Ms. Geringer joined CSFB in 2001 as a coverage salesperson in the Equities Division where she focused primarily on hedge funds. Before joining CSFB, Ms. Geringer was a member of Donaldson, Lufkin & Jenrette’s Private Fund Group where she was responsible for analysing and marketing private equity funds. From 1994-1999, Ms. Geringer served as an Intelligence Officer in the United States Navy attaining the rank of Lieutenant. Ms. Geringer holds a BS in Political Science from the United States Naval Academy, and an MBA in Finance from Columbia Business School.