Ladder Capital, including Ladder Capital Securities LLC (“LCS”), a registered broker dealer, and Ladder Capital Asset Management LLC (“LCAM”), a registered investment adviser (collectively, the “Company”) has developed a Business Continuity Plan (“BCP”) to describe how we shall endeavor to respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with the following information on our BCP.
Contacting Us – If, after a significant business disruption you cannot contact us as you usually do at (212) 715-3170, you should call our alternative numbers, (917) 714-4462 or (914) 844-0938.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making financial and operational assessments, protecting the Company’s books and records, and allowing our customers to transact business. In short, our BCP is designed to permit our Company to resume operations as quickly as possible, given the scope and severity of the significant business disruption. Our BCP addresses: employee safety; financial and operational risk assessments and recovery time; counterparty and regulator communications; data backup and recovery; and maintenance and testing of the BCP.
Varying Disruptions – Significant business disruptions can vary in their scope affecting, for example, only our Company, a single building housing our Company, the business districts in which we are located, the cities in which we are located, or a whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our Company or a building housing our Company, we expect to generally recover and resume business within 1–2 days. In a disruption affecting a business district, city, or region, we shall endeavor to recover and resume business within 7 days. In either situation, we plan to continue business, and notify you through our web site at www.laddercapital.com or our customer emergency number, (212) 715-3170, on how to contact us.
For more information – If you have questions about our business continuity planning, you can contact us at 345 Park Avenue, 8th Floor, New York, NY 10154 and (212) 715-3170.