Managing a hedge fund means delivering alpha - and protecting every dollar of it. But securities class action recoveries? They're a legal obligation hiding in your back office, quietly going uncollected while your team focuses on what it does best.

Every quarter your fund holds eligible securities during a class period is a quarter where recovery is on the table. The question is whether someone is systematically capturing it.

The Problem

Class action filing is a volume game played over years, sometimes decades. For a hedge fund with active trading across hundreds of positions, manually tracking notices, compiling trade data, meeting deadlines, and responding to administrator deficiencies is not just tedious — it's a genuine operational and fiduciary risk. Unclaimed recoveries aren't just lost money; they're a breach of your duty to your LPs.

The Solution

Chicago Clearing Corporation (CCC) manages the entire process — from monitoring to filing to payout — so you don't have to. We plug into your existing data, identify eligible positions across thousands of active and historical settlements, and handle every step of the claim lifecycle on your behalf.

For hedge funds specifically, that means recovery that's predictable, reportable, and LP-ready. CCC's online reporting portal gives you real-time visibility into every claim's status, so you always have an answer when a partner asks.

Why CCC?

Since 1993, we've specialized exclusively in class action recovery — this is all we do. Our team combines deep class action expertise with back-office financial fluency: CCC's CEO James Tharin is a former CBOE market maker, and our core staff brings over 150 combined years in financial operations. We know how trading firms are structured, how your data lives, and how to extract maximum recovery from it.

CCC Services for Hedge Funds

• Portfolio monitoring across every new and historical settlement
• Historical trade data extraction and normalization
• Claim preparation and filing
• Deficiency resolution and administrator correspondence
• Recognized loss calculation for every eligible position
• Claim monetization on demand
• Online recovery reporting, LP-ready
• Proceeds allocation in whatever structure best fits your fund

Let's Get Started

You focus on returns. We'll make sure you're collecting what you're already owed. Call us today to speak with a member of our team.