Investment management partner Greg Sheehan is quoted in a Jan. 17 BoardIQ piece titled “2017 Board Departures Fueled by Mergers, Liquidations.” The article discusses how 2017 board departures were increased by fund complex liquidations, mergers or consolidation. Industry experts anticipate this trend will continue in 2018. “There’s no question the pace of activity has picked up and management firms are being acquired and put together,” says Mr. Sheehan, in the piece. “If the acquirer doesn’t want separate boards, which they often don’t want, there are some people left behind.”
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