Stradley Ronon Counsel John M. Baker was quoted in FundFire’s article, “Och-Ziff Succession U-Turn Highlights Pitfalls for Managers,” discussing the Och-Ziff succession and the importance to the fund industry of written business continuity and transition plans in the event of a succession.

“Succession can work out in various ways. But the important issue from a regulatory perspective is that investors can’t be left in the lurch with no advisory services to react to market events,” he says.

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