|
| |
Due Diligence
Fortress conducts an extensive due diligence review,
to the level of the most exacting investor, on each client before
the fundraise commences.
Areas of particular attention in our
due diligence process:
| • |
Study investment strategy and investment approval
process |
| |
| • |
Evaluate market conditions for the GP's investment
strategy |
| |
| • |
Analyze and verify track record cash flows and unrealized
valuations |
| |
| • |
Evaluate performance, future potential, and valuation
methodology for unrealized investments |
| |
| • |
Evaluate group background, history of personnel departures
or hires, and impact on track record attribution |
| |
| • |
Personnel background reference checks, both those
suggested by GP and independent references |
| |
| • |
Assess GP's contribution to investment value creation
and portfolio company progress |
| |
| • |
Assess group's competitive advantages in sourcing
unique or proprietary deal flow |
| |
| • |
Identify differentiating characteristics of the firm from
competing investment managers |
| |
| • |
Identify and address potential obstacles, if any, to
a successful fundraise |
| |
|
Both the GP and investors benefit from this approach.
The GP's time is used more efficiently during the fundraise,
as Fortress is able to address most investor questions and information
requests directly.
Likewise, investors benefit from access to the
extensive due diligence materials prepared by Fortress, conserving
the time and resources of the investment officer staff and enabling
the institution to expedite its decision-making process.
Additionally, our due diligence assists the GP
in identifying any potential obstacles that may arise in the course
of marketing the fund and in preparing appropriate responses in advance.
|
|
|
|
|
|
