Today's due diligence process is inherently inefficient. While 20% of the diligence process is investor specific and subjective, 80% is shared and standard.
When was your last regulatory inspection? Did anyone leave last quarter? How do you value Level 3 securities? Do your bank opening forms confirm a dual signature mandate?
Castle Hall's award winning due diligence consistently documents the business risk of the manager, legal risk of the fund, and operational risk of the control environment. Our diligence supports an investor onboarding a new manager - and when monitoring an existing relationship
DiligenceExchange links investors and managers to create new efficiencies in the diligence process.
Managers benefit from a standardized, structured diligence process accessed by multiple clients and prospects.
Investors benefit from Castle Hall's detailed, documented diligence, which allows in-house staff to move up the diligence value chain. Instead of report writing and spreadsheet filling, investors should be focused on high value questions, exceptions and follow ups. These are the material diligence issues which impact the investment decision.
Overall diligence timelines are significantly accelerated, especially for new allocations - which is a vital improvement as we all face the challenges of Covid-19.