Allocator Investor access is only granted to entities with Qualified Investor status in accordance with Rule 501(a) of Regulation D of the U.S. Securities Act of 1933.
The Allocator portal is designed to be compliant with the SEC’s “Lamp Technologies” no-action letter. The “Lamp” no-action letter, as it is commonly referred to, was a ruling by the SEC which set out all of the elements which a website must contain in order to preserve certain securities exemptions so that the website does not trigger a “public offering” of securities.
The European Union’s Alternative Investment Fund Managers Directive (AIFMD), effective in certain EU jurisdictions as of 22 July 2013, imposes extensive operational and other requirements on alternative investment managers, including non-EU managers that solicit investment within the European Union. Allocator has incorporated a ‘reverse solicitation’ mechanism In the sign up process whereby, in order to gain access, investors have to affirmatively request to receive marketing materials, on-going service information and direct contact from all of the managers that post their information on the Allocator portal.
Manager information is only accessible to approved family offices and institutional investors via the Allocator portal. Members of the public and other fund managers cannot access this information. Managers have the option of restricting access to certain investors, or requiring investors to request access. Managers may choose to restrict investors from certain geographies from accessing information. The platform is designed to allow managers to carefully control the distribution of sensitive materials and comply with global regulatory restrictions.
At Allocator, our number one priority is the privacy of our users’ data. Allocator database servers are located remotely on virtual servers, and maintain strict access policies. Only the application itself is allowed to access any part of the database. Users’ credentials are encrypted using the industry standard one-way MD5 Hash algorithm which means that no one can access authentication information without the prior consent of the user.
Allocator also implements need-based file access privileges. This ensures the safety of private documents uploaded on the portal which are meant to be accessed only by authenticated users.
All users should feel safe using the Allocator portal and we will continue to implement the latest security technologies to ensure that this remains the case.