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ARTICLE · 10 AUGUST 2017

VC And PE Firm Codes Of Conduct

Osler, Hoskin & Harcourt LLP
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Recent events at certain venture capital (VC) firms in Silicon Valley have brought into focus the importance of VC and PE firms adopting codes of conduct that explicitly address personal and sexual harassment...

CanadaEmployment and HR
Shahir Guindi
Shahir Guindi
Chima Ubani
Chima Ubani
Lauren Tomasich
Lauren Tomasich
Steven Dickie
Steven Dickie
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Recent events at certain venture capital (VC) firms in Silicon Valley have brought into focus the importance of VC and private equity (PE) firms adopting codes of conduct that explicitly address personal and sexual harassment, both within the firm itself and in respect of interactions between firm representatives and entrepreneurs at current or potential portfolio companies. Existing codes of conduct may address, in detail, topics such as conflicts of interest, inappropriate gifts or business entertainment expenses, and political activity. However, there may be crucial gaps concerning inappropriate conduct where, for example, a code of conduct does not comprehensively address sexual harassment or where it does not extend to persons (such as founders and entrepreneurs) who may not be employees of the firm itself.

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