How the GDPR Will Affect Private Funds’ Use of Alternative Data

More funds are using alternative data in their operations – notably in driving their trading strategies and making investment decisions – and if that data contains personal information of people in the E.U., the GDPR may impact how funds are able to obtain and use it. The Cybersecurity Law Report spoke to Peter D. Greene, a partner and vice-chair of the investment management group at Lowenstein Sandler, about how the GDPR may affect funds’ use of alternative data and relevant compliance steps funds can take. See also “What Are the GDPR’s Implications for Alternative Investment Managers? (Part One of Two)” (Jun. 20, 2018); Part Two (Jun. 27, 2018).

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