Operational Due Diligence Services

Are You Up For The Task?

Whether selecting a new investment manager or conducting oversight of existing managers, Operational Due Diligence is a complex, manual, time consuming but vital task for Investors.

However, Investors are assigning unwarranted resources to request and analyze broad operational infrastructure on Investment Managers during the selection process and ongoing oversight.


Furthermore, Investors must identify resources with the right expertise who can understand the overall operations and not just focus on one area.

Why DiligencePATH for Operational Due Diligence services?
  • Experienced consultants across various functions of asset management business bringing in different perspectives e.g. fund oversight, middle office

  • In-depth knowledge of the lifecycle of a fund

  • Understand the life of a trade, its cash flow, and impact to financials, portfolio risk and investment thesis

  • Bringing our experience to investors to provide a comprehensive review

Who seeks us out?
  • Family offices

  • Fund of funds – hedge, private equity and real estate

  • Endowments and Foundations

  • Pension plans and Insurance companies

  • High-net worth individuals

  • Registered investment advisors

  • Other various asset managers requiring independent operational infrastructure review

Why we are selected?
  • Years of deep industry experience in various functional areas, including investment management, operations, technology, compliance, finance, administration, prime brokerage and more.

  • Ability and experience to understand “the infrastructure” for every due diligence review.

  • We also understand and realize that customization is important to our approach for clients.

How we execute?
  • Our initial step is to listen to the client’s requirements to understand their objective and investment strategy. We work with our clients by providing them with the informational data needed to make a well rounded and verified investment decision.

Business areas in scope during an operational review*

Legal and Compliance

Advisor policies and compliance controls.

Management Company

Understand the management company and various investment products managed by the firm.

IT, Cyber Security, BCM

Understand and validate the business continuity management, backup recovery and use of  computer network infrastructure

Service Providers, Financial Reporting and Audit

Review of service providers. Analysis of financial audits.Valuation policy.

Middle Office Processing

Controls and procedures for trade settlement, cash and asset reconciliation, to investor allocation.

Strategy and Portfolio Trading

Validate the investment strategy.

Understand the controls around portfolio trading.

*The above provides an overview of our operational due diligence process and does not reflect all our services as part of our review.

© 2019 by DiligencePATH Solutions LLC