In the wake of the Cambridge Analytica scandal at Facebook in recent months, in which the personal data of up to 87 million users were inappropriately shared with political consultancy firm Cambridge Analytica, shareholders across the country have grappled with how to respond to this highly concerning privacy issue.

NorthStar’s response is to continue pushing for better governance in the form of our upcoming shareholder proposal at Facebook (annual meeting May 31) in which we seek equal voting rights. Read more about NorthStar’s response and the response of other investors in a recent Reuters article: Socially responsible funds dump or rethink Facebook over data privacy.