This Privacy Notice describes how we collect, share, and protect nonpublic personal information furnished to us by our clients and investors.

This Privacy Notice replaces all previous statements of our consumer Privacy Notice and may be amended by us at any time. We will provide revised policies if there are any changes in how we handle your nonpublic personal information. If you end your relationship with LAAB Fund, LP, we will continue to adhere to the policies and practices described in this Privacy Notice.  If you have any questions about this Privacy Notice you may email us at info@laabfund.com.

Information That We Collect.  In connection with providing our services, we obtain nonpublic personal information about you that may include the following:

• Information that we receive from you in subscription documents or other forms, including your name, address, social security number, assets, and income.
• Information about your investments with us and our affiliates.

 

Information That We Share.  We, along with our affiliates, use or share information in a limited and carefully controlled manner. We do not disclose any nonpublic personal information about our investors or former investors to anyone, except as permitted by law. Instances in which we may be required to share such information include:

• Disclosure to companies that provide services necessary to affect a transaction that you request or to service your account, such as prime brokers, accountants, attorneys, or administrators.
• Disclosure to government agencies, courts, parties to lawsuits, or regulators in response to subpoenas.  In such cases, we share only the information that we are required or authorized to share.

 

Confidentiality and Security.  Only those persons who need your nonpublic personal information to perform their jobs have access to it. In addition, we maintain physical, electronic, and procedural security measures that comply with federal regulations to protect such information. Our employees have limited access to your nonpublic personal information based upon their respective responsibilities. All employees are instructed to protect the confidentiality of your nonpublic personal information as described in these policies, which are strictly enforced.

Privacy Notice for California Consumers

Last updated: July 2023

This notice contains disclosures required by the California Privacy Rights Act (“CPRA”). Terms defined in the CPRA have the same meaning when used in this notice. This notice is only relevant to California residents (“consumers” or “you”).  

Information We Collect.   In the past 12 months, we have collected and shared for a business purpose the following categories of personal information (“Personal Information”):

A. Identifiers. Examples: A real name, alias, email address, postal address, account name, Social Security number, driver’s license number, passport number, or other similar personal identifiers.

B. Other personal information categories, as listed in the California Customer Records statute. Examples: A signature, telephone number, employment, employment history, bank account number, or other financial information.

C. Protected classification characteristics under California or federal law. Examples: Age, citizenship.

We do not knowingly collect, solicit, or sell Personal Information from anyone under the age of 18.

Purpose for Collection and Use of Personal Information.  We may collect or use Personal Information for one or more of the following purposes: providing you with information about our products and services, providing performance and other updates, legal/compliance, and performing services such as account servicing and internal operations.

Sharing Personal Information. We may provide personal information to third parties as set out in our Privacy Notice.

In the past 12 months, we have not sold Personal Information to third parties.

Length of Time. We will keep your Personal Information for as long as necessary to comply with our regulatory obligations.

Rights of California Consumers.  The CPRA provides a California consumer the following rights, subject to certain exceptions and limitations:

• The right to request: (a) the categories and specific pieces of Personal Information we collect about you; (b) the categories of sources from which we collect your Personal Information; (c) our business or commercial purposes for collecting, selling or sharing your Personal Information; (d) the categories of Personal Information disclosed for a business purpose and the categories of persons to whom it was disclosed; (e) the categories of your Personal Information (if any) that we have either sold, shared, or disclosed.
• For certain categories of Personal Information, the right to request a list of what we disclosed to third parties for their own direct marketing purposes in the past 12 months and the names and addresses of those third parties.
• The right to request that we delete your Personal Information, subject to certain exceptions.
• The right to opt out of our sale(s) (if any) of your Personal Information.
• The right to request we correct any inaccurate Personal Information maintained about you.
• The right to limit our use of your sensitive personal information to only use that is necessary to perform the services expected or provide the goods reasonably expected.
• The right not to receive discriminatory treatment for exercising your CPRA rights.

You may submit requests relating to your exercise of CPRA rights to us via: info@laabfund.com.

You may only make a verifiable request for access or data portability twice within a 12-month period. All verifiable requests must provide (1) enough information that allows us to reasonably verify you are the person about whom we collected Personal Information or an authorized representative and (2) sufficient detail that allows us to properly evaluate and respond to it.

We endeavor to respond to a verifiable request within 45 days of its receipt. If we require more time, we will inform you of the reason and extension period in writing. We will deliver our written response by mail or electronically, at your option.

Questions

If you have questions regarding this Notice, please contact us at info@laabfund.com.