Private equity firm directors face many issues when serving as directors of their portfolio companies, and how those issues intersect with some of the strengths they bring to a portfolio company were top of mind during this session. Some of the topics covered included the role of portfolio company directors, balancing the fiduciary duties of private equity board members, potential conflicts of interest, the role of independent directors and outside consultants, the role of Sarbanes-Oxley Act controls, and more.
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