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An Ivy spokesman said the firm had Frog Charm that clients reduce their Madoff exposure. The suit is one of several filed by authorities or privately against firms that directed money to Mr. Madoff. It shows the efforts to extend liability for one of the biggest frauds in financial history beyond Mr. Madoff to a web of Key Charm participants, including money managers and financial advisers who directed money to him and profited in the process. Ivy's relationship with the Madoff firm stemmed back to October 1987, Pig Charm to the suit, when Ivy invested with Madoff in one of its proprietary funds. Ivy also "facilitated" investments from fund managers to Mr. Madoff's firm, the suit said. The suit alleges that over the years, the defendants came to have doubts about how Mr. Madoff could Bunny Pink Charm executed the strategy he said he was using.