Conflicts like this are common in private equity transactions It is therefore important that each party, including the company, have its own advisors. It is also important to maintain transparency and have conflicted parties make appropriate disclosures. Last not least, communication among the board members and shareholders is vital and all parties should have abundant opportunities to discuss their concerns and opinions. Obviously, there are merits in having the same individual responsible for investment and portfolio management. However, conflicts like this contribute to reasons why some private equity funds separate the two roles and assign them to different people.