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Our Mutual Fund Proxy Solicitation team begins each solicitation assignment by initiating a comprehensive overview of the relevant investor constituent base for each fund as well as reviewing the pertinent issues involved in each specific solicitation for our client. Understanding the landscape allows us to effectively plan and execute a strategy tailored to our client’s specific needs. More than ever before, strategic advice really matters in the solicitation of fund shareholders and understanding where to focus resources is vital when planning a campaign. We recognize that the shareholder base of an investment management company may be comprised of institutional investors, corporate pension and 401(k) plans and “objecting beneficial owners” (OBOs) in addition to the retail investors who populate most funds. We help our clients by strategically contacting the investors who can be reached in a call campaign and also provide tactics and advice to get support from other significant investors. We work with fund management and advisors in every step of the process from planning the actual campaign, coordinating mailings, implementing call campaigns and bringing in the vote.
We also specialize in solicitation campaigns for closed-end funds. Through years of work for management on director elections, rights offerings, and dealing with shareholder proposals, we have extensive knowledge of the issues that concern investors in these funds. We know the processes and techniques necessary to advise management and solicit proxies in a contested situation. |
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