Process
What an investment screening process is designed to establish
Screening is an initial information-gathering stage. It can help identify whether further work is proportionate before more detailed diligence begins.
Insights
Research notes and corporate updates
Short factual articles about investment process, due diligence and market concepts. Commentary is general in nature and is not investment advice.
Risk
Why structure can matter as much as the underlying asset
Ownership rights, seniority, security, covenants, counterparties and liquidity can materially affect the risk profile of an investment structure.
Due diligence
Separating available facts from assumptions
A documented diligence process can distinguish verified information, management representations, third-party evidence and assumptions used in an assessment.