Fund Directions Quotes Asset Management Partner Paulita Pike on Virtual Fund Board Meetings

In an Aug. 20 Fund Directions article titled “Industry to Blass: No limits on virtual board meetings required,” asset management partner Paulita Pike discusses a push by the U.S. Securities and Exchange Commission’s Division of Investment Management to extend COVID-19 in-person meeting relief past December. 

“It’s hard to come up with a set of restrictions or parameters that would work for everybody,” says Paulita. “Whether what would otherwise be an in-person meeting is effective [virtually] depends in part on what subjects are being broached at the meeting, how voluminous the meeting materials are, how long the board meetings last, how big the board is, [and] how many presenters there typically are.”