Managing Conflicts of Interest in Joint Ventures
Approaches to help JV Directors overcome the inevitable conflicts of interest that arise in JVs.
James Bamford is a Senior Advisor at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.
View Full ProfileApproaches to help JV Directors overcome the inevitable conflicts of interest that arise in JVs.
The purpose of this article is to provide shareholders, directors, and JV CEOs with a set of practical guidelines for when – and when not – to IPO a JV, and how to prepare a JV for an IPO, if desired.
The purpose of this memo is to make the case for appointing a Lead Director, and to outline the profile, roles and responsibilities associated with the position.