Fund Directions Quotes Asset Management Partner Paulita Pike on Fund Board Ownership Requirements
A Sept. 16 Fund Directions article titled “Board ownership requirements useful tool but need structure” reviews that fund boards requiring directors to invest in the funds they oversee is a sound policy to ensure boards are committed to shareholder interests. The piece includes insights from asset management partner Paulita Pike as among industry authorities noting in the piece that a structure should be put in place that guards against discriminating on talent based solely on net worth.