A disciplined investment process means every deal goes through the same steps, whoever brought it in. It protects the family from rushed decisions and from deals that only get approved because of a relationship.
Typical steps
- A first screen against the family's strike zone.
- A short written memo on the thesis and the risks.
- Diligence on the numbers, the legal terms and the people.
- Approval by the investment committee or under written limits.
- Regular reporting after closing and a review against the original thesis.
Where to read more
Educational only. Nothing on this site is investment, tax, legal, accounting or other professional advice, or a recommendation on any security, manager, structure or allocation. Speak with qualified professionals before acting.