Sharon Ferrari
About Sharon Ferrari
Sharon Ferrari serves as Treasurer and Chief Financial Officer (Principal Financial Officer/Principal Accounting Officer) of AGD; she has been Treasurer and CFO since 2023 and a Fund officer since 2018. She is currently Director, Product Management at abrdn Inc., which she joined in 2008; year of birth is 1977 . Recent registration statements also list her as CFO/Principal Financial Officer/Principal Accounting Officer on the signature pages, confirming current responsibilities . Officer compensation for the Funds is not paid by the Funds and is instead paid by abrdn Inc.; the Funds disclose no executive officer compensation, bonus, or pension plans, limiting visibility into pay-for-performance or TSR-linked incentives at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| abrdn Inc. | Director, Product Management | 2008–present | Current principal occupation; joined abrdn in 2008 |
Fixed Compensation
AGD discloses that officers are employees of abrdn Inc. and “none of the Funds’ executive officers … received any compensation from any Fund,” and that the Funds have no bonus, profit sharing, pension or retirement plans .
| Component | Disclosure |
|---|---|
| Base salary | Paid by abrdn Inc.; not disclosed by the Fund |
| Target/actual bonus | Paid by/at abrdn Inc.; not disclosed by the Fund |
| Benefits/pension | The Funds have no bonus, profit sharing, pension or retirement plans; officer benefits (if any) would be at abrdn Inc. and are not disclosed in Fund filings |
Performance Compensation
| Incentive Type | Metrics | Weighting/Targets | Payout | Vesting |
|---|---|---|---|---|
| Cash/Equity incentives | Not disclosed by the Fund; officers are compensated by abrdn Inc. | Not disclosed | Not disclosed | Not disclosed |
Equity Ownership & Alignment
| Holder | Ownership Detail | Date |
|---|---|---|
| Trustees and executive officers as a group | Less than 1% of outstanding common shares | As of Sep 30, 2025 |
- Trustees’ individual holdings are disclosed in dollar ranges (e.g., B = $1–$10,000; C = $10,001–$50,000), but officer-by-officer share counts for AGD are not presented; group ownership remains under 1% as of the stated date .
- Insider filings reviewed show multiple Form 3s by other reporting persons indicating “No securities are beneficially owned,” and no Form 3/4 for Sharon Ferrari was located in the AGD filings returned by the system search, limiting visibility into her personal AGD share ownership or trading, if any .
Employment Terms
| Term | Disclosure |
|---|---|
| Officer start at Fund | Fund officer since 2018; Treasurer and CFO since 2023 |
| Role confirmation | Listed as Treasurer and Chief Financial Officer (Principal Financial/Accounting Officer) on N-2/N-2A signature pages dated Oct 10, 2025 |
| Election/term mechanics | Officers hold positions until a successor is duly elected and qualifies; officers are elected annually at a meeting of the Fund Board |
| Employment contract, severance, change-of-control | Not disclosed at the Fund level; officers are employed by abrdn Inc. (the administrator), so any such terms would reside at the adviser and are not provided in Fund filings |
| Ownership guidelines, pledging/hedging | Not disclosed for officers in Fund filings; Codes of Ethics section exists in the N-2/N-2A, but no officer-specific pledging details are provided |
Investment Implications
- Pay-for-performance visibility is limited: AGD confirms officers receive no compensation from the Fund and provides no officer-level incentive metrics or payouts; compensation resides at abrdn Inc., constraining analysis of fund-level incentive alignment for the CFO role .
- Direct ownership alignment appears limited at the issuer level: trustees and executive officers as a group owned less than 1% of AGD common shares as of Sep 30, 2025, and reviewed insider filings show several reporting persons with no beneficial ownership; no Sharon Ferrari Form 3/4 was found in the returned filings, limiting insight into any individual stake or potential selling pressure .
- Tenure and continuity: Ferrari has served as a Fund officer since 2018 and as Treasurer/CFO since 2023, and is currently Director, Product Management at abrdn Inc., which may support operational continuity, though performance-linked incentives at the fund level remain undisclosed .