Methodology for Sourcing & Evaluating Global Alternative Fund Managers
English Version 한국어 버전 Methodology for Sourcing & Evaluating Global Alternative Fund Managers Sourcing and conducting due diligence on global alternative asset managers (GPs) and their funds is a critical process determining institutional investors' returns and risk profiles. This report outlines a structured approach to assessing performance sustainability and strategic positioning. 1. Overall Evaluation Framework & Due Diligence When assessing a global fund manager, look beyond raw historical returns and focus on the structural drivers of performance: Track Record Attributability: Discern whether past returns were driven by a single "star manager" or an institutionalized, repeatable team-wide process. Verify that valuation metrics for unrealized assets are conservative. Team Continuity & Governance: Ensure low key-man turnover and equitable carried interest distribution. Strong G...