The Regulatory Fundamentals Group (RFG), a leading strategic and regulatory insights advisory firm for institutional investors and alternative fund managers, today announced the launch of RFG Pathfinder® for investment offices within non-profit organizations. This interactive portal coupled with RFG's high-touch consulting services allows an investor to more effectively manage its regulatory and compliance posture.
Demand for RFG Pathfinder originated from a recommendation by a consortium of leading non-profits who engaged RFG for a customized solution that addresses compliance infrastructure and protection for their organizations, boards of directors and staff, in light of the exponential rise in regulation. Founding subscribers include Dartmouth College, Duke University, Emory University and Johns Hopkins University.
"We face a myriad of regulatory requirements resulting from our direct investment activities. We also need to be sufficiently informed about current legal and regulatory issues in order to ask intelligent, probing questions when evaluating managers to whom we allocate funds," says Melanie Pickett, Chief Operating Officer of Emory Investment Management. "Ensuring that we understand the implications of these significant issues was the impetus behind signing on as a founding member with RFG."
RFG CEO and Founder Deborah Prutzman says close to a dozen federal regulatory regimes impose obligations on endowments, foundations and pension plans based on their investment activities. Until now, no definitive resource existed to address these issues. High-visibility institutions with sophisticated trustees and senior management teams want to comply with all applicable laws. To do this, they understand the need for a holistic and systematic approach.
"RFG Pathfinder is an intuitive platform that simplifies and explains legal and contractual requirements, allowing investors to identify critical risks," Prutzman said. It includes an interactive regulatory and risk assessment update service that allows investors to determine whether a change applies to them and how to respond. RFG also works hand-in-hand with its clients to identify and address issues that are unique to each client's structure and operations.