Role of fund directors to be debated at forum

| 11/11/2011

(CNS Business): The controversial issue of how many directorships are reasonable for an independent director or how much time should be allocated to each fund and even the rate of fees they charge are some of the points to be discussed at next week’s Cayman Fund Focus, when Don Seymour of dms Management will go head to head with Jason D. Papastavrou, of private investment firm Aris Capital Management, LLC. The role of independent directors in fund structures and director standards have been pushed to the forefront after the Grand Cayman Grand Court judgment delivered in August of this year in the case of Weavering Macro Fixed Income Fund (In Liquidation) v Peterson and Ekstrom.

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