Private markets can beat public markets. But not all funds are created equal.
Manager selection is critical in alternative assets like venture capital, real estate and private equity, where the universe of investment options dwarfs those available in public markets.
Our direct experience in alternatives stretches back over two decades including investing in over 200 General Partners.
Our shareholders represent: 5 family offices, 15 funds and 1 global law firm serving as primary fund counsel to more than 500 investment fund organizations.
We not only have access to well-known funds but the knowledge that emerging fund managers regularly beat both public benchmarks and private market peers.
We systematically analyze the massive universe of investment opportunities across emerging and established managers, asset classes, strategies and regions to create a comprehensive menu of opportunities to pick managers from.
We select outstanding performers with an evaluation process focused on four principles — People, Process, Performance and Philosophy. This framework uses quantitative and qualitative techniques to get an informed view of each manager, separating those who are truly skilled from those who just got lucky.
We're just as rigorous in our monitoring and ongoing due diligence. We undertake in-depth reviews each quarter, benchmarking funds and seeking explanations for returns that vary dramatically (positively or negatively) from benchmarks or category averages.
The “tear sheet” includes critical information that explains the investment strategy and gives you a 30,000-foot view of the fund. It includes details like:
This perspective is a synopsis of everything that went into ensuring the evaluation process is robust and unbiased. Learn why our experts think this is a sound investment. You’ll get our take on what gives the fund’s team a unique edge, as well as their investment process, risk management procedures, and growth plans.
Due Diligence Questionnaire
The DDQ digs into the granular details of the fund’s operations, legal structure, compensation structure, regulatory compliance, and reliance on third-party service providers.