The new management closed plants, cut the workforce, sold lacklustre component operations and seemingly restored much of the company's former lustre.

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He said Silvercrest remained closed and the management had been changed.

BBC: UK

Closed door discussions among management where there is debate but no new course of action is chosen.

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To prevent private information from leaking, Mr. Floyd said he and management now have conversations behind closed doors, rather than sharing even benign information in public places, like the hallway or an open office.

WSJ: Job Fears Make Offices All Ears

The care home has since closed and reopened under a new name and new management, Sussex Police said.

BBC: Orchid View Care Home neglect inquiry: Man held over death

That management company is the manager for the five funds that have closed.

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Bruce Jenkyn-Jones and Ian Simm at Impax Asset Management run the three-year-old Impax Environmental Markets fund, a closed-end fund with 41 million pounds in assets.

FORBES

The only sure way to drive a closed-end fund closer to its net asset value is to attract a raider who tries to force management changes or a liquidation.

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