Transparency in the Zoom era

It’s still early days in this crisis but what has happened looks certain to change fund governance practices in a number of ways, especially in improving transparency.

The inability to travel is making transparency in fund governance yet more important than it already was. ODD professionals that The NED has talked to since the onset of the pandemic say that the days of jumping on a plane to do an overseas due diligence trip will likely be heavily curtailed for a long time to come.

We will all have to adapt. And in this world which we have stumbled into – and will likely be in for some time to come - the more information that can be retrieved online the better. That includes in fund governance. The days of relying upon face to face meetings to access information that could easily be found electronically may well be one of the permanent changes to come out of the Covid-19 crisis.

To read more on this story see the May issue of The NED.

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