On February 5, 2014, New York executive compensation and benefits counsel David Olstein participated in a panel discussion as part of PLI's seminar titled "ERISA Fiduciary Investment Basics 2014." Mr. Olstein and his fellow panelists took part in a hypothetical scenario in which the CIO of a company whose responsibilities include supervising assets in that company’s large pension plan is interested in possibly investing in the new fund and meets with outside counsel to discuss a number of factors.