Closing arguments and preferential treatment

Are the commercial realities of the market overriding transparency for investors in around first closings?

There is always likely to be preferential treatment for investors who commit to the first closing of a fund but with the current challenging market conditions, there are questions about how transparent fund managers should be around these terms.

INREV has always encouraged full transparency on terms offered to investors but in light of these current market circumstances the Corporate Governance Committee has decided to readdress the issue in more detail.