Alliance Shareholder Communications (ASC) provides closed-end funds with results orientated proxy solicitation and governance advisory services. Our Mutual Funds Group has extensive experience implementing shareholder communication programs for the closed-end fund industry. We identify the fund’s investors, craft vote projections and employ the proper solicitation strategies to both institutional and individual investors for a successful outcome. Our tactical solutions are supported by the most advanced technology and a state-of-the-art call center for routing both inbound and outbound calls.
ASC can also provide advisory services to closed-end funds that may surface from activist investors in the form of a proxy contest, proposal to open-end the fund and other problems that may result from the fund trading at a deep discount to Net Asset Value (NAV). Our Activist Watch program mitigates risk to the fund by constantly monitoring the shareholder base for activist investors and proactively preparing the fund for a potential activist threat. ASC also has four former ISS executives on staff to properly counsel the fund with communicating with both their institutional investors and the proxy advisory firms while we also solicit support from the retail sector of the shareholder base.