The primary objective of Sequoia is to provide our investor clients with competitive internal rates of return consistent with a prudently managed portfolio.
Sequoia and its Board subscribe to strict corporate governance and operational risk management. Our business structure and policies are designed to insure all levels of personnel adhere to closely enforced corporate governance procedures. We separate important functions and reporting lines to maintain arm's length and our policy is to have independent Directors or anchor investors overseeing the funds we manage.
Directors have unfettered, continuous access to all employees to encourage an open dialogue and foster transparency. Sequoia's Audit Committee serves as an important channel of communication between our external auditor and the Board and is a forum separate from management in which our auditors and legal counsel can candidly discuss accounting, compliance and reporting matters.
We believe our fund governance structures will contribute to the success of Sequoia's business and to our investors realizing their return objectives.