Don Ebanks, Managing Director of DMS Offshore Investment
Services, discusses changes to the fund governance landscape in the
Cayman Islands in recent years. In an interview published in Finance
Monthly (June 2016 issue), Mr. Ebanks identified an overarching
trend in fund governance – that investors are becoming more
focused on the skills and experience of directors, both
individually and collectively, with investors interviewing
directors and requesting responses to DDQs with a frequency unknown
even two to three years ago.
"They also want access to directors when there are any
material contentious matters under consideration. My view is that
you should always be available to listen to investors and engage
proactively. Ultimately good fund governance is in the interests of
investors, so it's important for investors to express their
views and be able to engage with the investment manager and
Board," he stated.
