Operational DD and the Standards
Operational Due Diligence (ODD) can be one of the toughest parts of allocator due diligence for small and emerging managers. Whilst there is an understanding of proportionality (for example, considering size or number of employees), there is still an expectation of robust governance, procedures, and controls. The Alternative Investment Standards cover a vast spectrum of topics including:
- Valuation,
- Operational Risk,
- Outsourcing,
- Fund Governance, and
- Shareholder Conduct.
