According to Morningstar, over 1,000 mutual funds went through business combinations over the past three years. This was a consistent theme in 2020 and has continued into 2021, showing no signs of significant slowing even with the ongoing pandemic. Conversions from one structure to another have also been a common discussion topic among industry participants over the past few years.
In a recent article for Fund Board Views, Jeff Haneline offers key considerations for funds and their boards — whether they are considering a conversion, actively looking to merge a fund with another industry player or they become an unexpected deal target.
>> Read the full article on FundBoardViews.com.
Contact Jeff Haneline at firstname.lastname@example.org or a member of your service team to discuss this topic further.
Cohen & Company is not rendering legal, accounting or other professional advice. Information contained in this post is considered accurate as of the date of publishing. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts, circumstances and current law.