Assertion: fund's investment adviser | /r/CapableOf | note the need
Facets:
Source sentences:
text: (noting the need for active independent director involvement in the oversight of rule 23c-3 because the determination of the amount of each repurchase offer presents a potential conflict of interest between the investment adviser and shareholders: the investment adviser may be interested in making a small repurchase offer in order to retain maximum assets under management).