Managing Partner, Matt Haverstick was quoted in The Philadelphia Inquirer on the Pennsylvania Public School Employees’ Retirement System’s decision to have members sign an oath of secrecy prior to an upcoming board meeting that will address updates on the investment calculation scandal that has led to multiple federal investigations. In order to participate in the January 31 meeting, members must sign a non-disclosure agreement and are asked to attend in person if possible.
Matt, who represents one of the fund’s senior advisors, believes PSERS’s nondisclosure agreement request is appropriate. “[The NDA] serves the good of protecting the integrity of a $70 billion public pension fund. It is preventing the board from being unfairly criticized. And it is protecting the reputation of actual human beings.”
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