IMDDA Offers Fund Managers a Blueprint for Conducting Sexual Harassment Due Diligence

The Investment Management Due Diligence Association (IMDDA) has issued the results of its recent study that examined current investor due diligence practices on sexual harassment issues that may adversely affect fund managers. In a related IMDDA webcast, Simone Foxman, a Bloomberg L.P. reporter, interviewed Kroll managing director Dan Schorr and associate director Monica Monticello about conducting due diligence on sexual harassment issues. This article summarizes the key takeaways from the survey report and webcast. For more from the IMDDA on operational due diligence, see “Insights on Operational Due Diligence From the IMDDA and the U.K. Pension Protection Fund” (Sep. 14, 2017); and “How Due Diligence Professionals Approach the Private Fund Review Process” (Jun. 15, 2017).

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