1. Introduction
The Lab Group Limited explains how it collects, uses, and protects personal information in connection with investment opportunities, Special Purpose Vehicles (SPVs), and investor administration. This notice supplements our general Privacy Policy.
2. Investment Structure (Important)
Investments typically go into separate legal entities (SPVs) rather than directly into The Lab Group. The Lab Group may originate, structure, manage SPVs, and coordinate investor onboarding.
Each SPV operates as an independent legal entity with its own governance.
3. Our Role in Data Processing
The Lab Group may function as:
- Data Controller: for investor onboarding and communications
- Joint Controller with SPVs, for investor records and governance
- Data Processor: processing data on behalf of SPVs.
SPVs may act as data controllers for their own investor data.
4. Information We Collect
- Identity and contact details (name, DOB, address, email, phone)
- Financial information (investment amounts, bank details, source of funds)
- Verification data (ID documents, sanctions screening, AML information)
- Corporate information (company details, beneficial ownership)
- Communications and correspondence records.
5. How We Use Your Information
We use data to:
- assess investment eligibility
- facilitate subscriptions
- maintain records
- administer capital calls
- communicate updates
- comply with regulations
- prevent fraud.
6. Legal Basis for Processing
Processing relies on:
- contractual necessity
- legal obligations
- legitimate interests
- consent where applicable.
7. Sharing of Information
Data may be shared with:
- SPVs
- professional advisors
- financial institutions
- compliance providers
- regulators
- and in business transfers.
8. International Transfers
Personal data may transfer outside the UK/EEA with appropriate safeguards, including standard contractual clauses.
9. Data Retention
Data is retained:
- during the investment relationship
- as required by law
- for accounting and reporting purposes.
10. Security
We implement appropriate technical and organisational measures, though no system is completely secure.
11. Your Rights
You may access, correct, delete, restrict, or port your personal data by contacting hello@thelabgroup.com.
12. Mandatory Information
Certain information is legally required; failure to provide it may prevent investor onboarding.
13. No Investment Advice
This notice does not constitute financial advice, investment advice, or a recommendation to invest.
14. Changes to This Notice
Updates may occur; material changes will be communicated to investors.
15. Contact Us
For privacy questions: hello@thelabgroup.com