Business Continuity & Disaster Recovery Plan Summary
Firm History
Semita Asset Management LLC. is a registered investment advisory firm with operations at San Felipe Plaza, 5847 San Felipe, Suite 1700, Houston, Texas, 77057. The firm has a designated Business Continuity/Disaster Recovery (BC/DR) Team that has developed a set of operating policies and procedures that guide how the firm will manage client relationships, employees, facilities, mission critical systems and data files, and private and confidential data in the event of a significant business disruption or disaster occurring. In the event of a significant business disruption that would render our current location inaccessible or inoperable, our BC/DR Plan directs the Team to first ensure the safety and security of all employees, to protect sensitive, private and confidential information regarding our clients, to protect other property and equipment that are critical to conducting the firm’s business, and then to restore business operations to normal at either one of several predetermined alternative sites or in the firm’s office suite once it is appropriate to do so. The firm’s BC/DR Plan is maintained at its main office location. A printed copy of the summary of the Plan is provided to clients and to business constituents upon request. Additionally, a copy of the Plan Summary is available on the firm’s website (www.semita-am.com).
Varying Business Disruptions
Significant business disruptions can vary in their scope, such as those affecting:
- Only a single building housing the firm’s operations in Houston, TX,
- The business district or city sector (Galleria area)
- The entire City of Houston, or Harris County Texas or the entire metropolitan area where the firm is located
Our Plan




The Plan Addresses:
- Identifying mission critical systems
- Evaluating targeted recovery time objectives
Operational Risk Assessments
- Outlining the functions and processes that are critical to the firm’s mission
BC/DR Team Membership and Responsibilities
- Plan development and maintenance
- Employee training
- Plan testing
Risk Management Practices
- Computer workstations/servers/LAN – back-up and redundancies
- Security of private and confidential client data files
- Insurance coverage
- Succession planning in the event of the absence of key personnel
- Alternative locations for remotely operating the business, if necessary
- Early preparedness, when possible
- Emergency phase
- When to and how to enact or execute the Plan
- Action priorities
- Communications with employees, clients, and key business constituents
Recovery Management
- Date recovery plans
- Systems recovery plans
- Facilities recovery plans
Contacting Us
You should contact the brokerage/custodian firm that has possession of your investment account for trading purposes when making inquiries about your investment holdings, account balances, money transfers, etc. The contact information for your brokerage/custodian firm should appear on the periodic statements sent to you by the custodian firm.
PRIVATE INVESTMENT FUNDS
You should contact the private fund’s administrator when making inquiries about your investment holdings, account balances, etc.