PHILADELPHIA – Stradley Ronon investment management attorneys E. Taylor Brody, David P. Glatz, Michael D. Mabry and Nicole Simon presented the webcast “The Closed-End Fund Road Trip: Navigating a Long and Winding Route” on April 21. The panelists navigated through the legal challenges and current roadblocks and provided alternative directions for the closed-end funds' highway, including:
- Route 1 Listed CEFs – The steady road, with a few twists and turns.
- Route 2 Interval Funds – The express lane, moving fast with a few traps for the unwary.
- Route 3 Activist Update – Heavy traffic with roadblocks and delays possible.
- Route 4 Governing Instruments – Preventive maintenance to avoid a governance breakdown.
Stradley Ronon's premier investment management practice represents investment company clients with over 1,500 separate funds, and $3 trillion in assets, including several of the top 20 investment company complexes in the country.
About Stradley Ronon
Counseling clients since 1926, Stradley Ronon has helped private and public companies – from small businesses to Fortune 500 corporations – achieve their goals by providing pragmatic, value-driven legal counsel. With offices in seven strategic locations, our responsive team of more than 200 attorneys seamlessly addresses the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.