Eric Chan
About Eric Chan
Eric Chan (born 1978) serves as Assistant Treasurer of TSI (TCW Strategic Income Fund, Inc.) and is a Managing Director of Fund Operations at TCW’s adviser entities; he is a Certified Public Accountant . He has held the Assistant Treasurer role since 2009 across the TCW fund complex (TSI, TCW Funds, TCW Metropolitan West Funds, and later TCW Private Asset Income Fund and TCW ETF Trust), indicating long-tenured operational leadership in fund administration and controls . Assistant Treasurer responsibilities (per the Fund’s bylaws) include performing Treasurer duties when delegated or in the Treasurer’s absence, with authority over receipts, disbursements, custodian interactions, and record-keeping oversight . Fund performance metrics like TSR, revenue, and EBITDA are not attributed to individual officers in TSI’s filings; Board oversight of performance and valuation occurs via committee and adviser reporting, rather than executive scorecards .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| TCW Investment Management Company LLC (Advisor); TCW Asset Management Company LLC; TCW LLC | Managing Director of Fund Operations | 2009–present | Oversees fund operations across TCW fund complex, supporting performance reporting, valuation, and compliance workflows |
| Metropolitan West Asset Management, LLC | Managing Director/Operations | Since Nov 2006 | Integrates MetWest platforms into TCW fund operations and administration |
| TCW Funds, Inc. | Assistant Treasurer | Since 2009 | Officer role supporting treasury, custody, and filings across registered funds |
| TCW Metropolitan West Funds | Assistant Treasurer | Since 2010 | Treasury and fund operations leadership for MetWest fund family |
| TCW Private Asset Income Fund | Assistant Treasurer | Since Sep 2024 | Extends operations coverage to closed-end private asset vehicle |
| TCW ETF Trust | Assistant Treasurer | Since Mar 2025 | Treasury/operations officer for ETF Trust amid platform expansion |
External Roles
No external directorships or non-TCW roles are disclosed for Eric Chan in TSI filings .
Fixed Compensation
- Directors and officers employed by the Advisor or its affiliates “receive no compensation or expense reimbursement from the Company.” For Eric Chan, TSI does not pay salary, bonus, or perquisites; any compensation would be at the TCW adviser level and is not disclosed in TSI documents .
| Component | Company (TSI) | Notes |
|---|---|---|
| Base salary | $0 | Officer is paid by TCW advisor entities, not by TSI |
| Bonus/variable cash | $0 | Not paid by TSI; not disclosed at fund level |
| Perquisites/expense reimbursement | $0 | TSI does not reimburse advisor-employed officers |
Performance Compensation
- No RSUs, PSUs, options, or performance-based equity/bonus tied to TSI metrics are disclosed for Eric Chan; TSI does not compensate advisor-employed officers, and no award schedules or vesting terms are presented in TSI filings .
- Board and adviser performance oversight is process-based (investment, compliance, valuation), not individual pay-for-performance constructs for fund officers .
Equity Ownership & Alignment
Eric Chan’s reported beneficial ownership in TSI has been zero (or “None”) across the last five proxy cycles; shares pledged, hedging, options, or ownership guideline disclosures are not presented.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Shares Owned (units) | 0 | 0 | 0 | 0 | None |
| Ownership % of shares outstanding | <1%* | <1%* | <1%* | <1%* | <1%* |
*“Less than 1 percent” as reflected in proxy tables per individual entries and group summary.
Additional alignment observations:
- No Section 16 insider ownership or changes reported for Eric Chan in the proxies; group ownership of officers and directors remains <1% of shares outstanding .
- No pledging or hedging disclosures for Eric Chan appear in TSI filings .
Employment Terms
| Term | Detail | Source |
|---|---|---|
| Election/term | Officers are elected annually at the first Board meeting after the annual meeting; serve until the next post-annual Board meeting or until successor qualifies, resignation, or removal | |
| Removal | Any officer may be removed by the Board if in its judgment it serves the Corporation’s best interests; removal does not prejudice contract rights, if any | |
| Vacancies | Board may fill vacancies for the unexpired portion of the term | |
| Compensation setting | Officer compensation is fixed by the Board (or delegated committee); however, TSI does not compensate advisor-employed officers | |
| Assistant Treasurer duties | May perform Treasurer duties in absence or when directed; authority over receipts/disbursements, deposits, custodian interactions, and other treasury functions as assigned |
Investment Implications
- Alignment: Chan holds no TSI shares and receives no compensation from TSI; alignment with TSI shareholders at the fund-level is minimal but standard for 1940 Act closed-end funds where officers are paid by an external adviser .
- Trading signals: With no Section 16 holdings or sales, there is no insider selling pressure attributable to Chan; insider activity signals for TSI are muted from fund officers .
- Retention risk: Tenure since 2009 across the TCW complex suggests low operational turnover risk; employment terms allow Board removal without severance obligations disclosed at the TSI level .
- Compensation governance: TSI’s statement that adviser-employed officers receive no compensation from the fund removes pay-for-performance concerns at TSI; any pay structures (RSUs/bonuses) would be at TCW adviser level and outside TSI disclosures .
- Operational execution: Chan’s role in fund operations and Assistant Treasurer duties supports continuous stewardship of treasury/custody/reporting processes; performance oversight is driven by Board committees and the adviser’s valuation/compliance frameworks rather than executive incentive levers .