Verify counterparties before you commit capital.
For investment committees, family offices, funds and lenders. We look past the sponsor to the people who control the deal and the people it pays.
Does your diligence follow the money to the contractors and advisers around a deal, or stop at the sponsor?
Direct deals and co-investments leave you without a fund manager to lean on. When the family name is on the cap table, its reputation is too.
Patterns we look for around a deal.
The co-investor is a related party.
A second backer on the cap table shares directors with the sponsor.
Most of the proceeds go to one contractor.
The company receiving the money has links to the people raising it.
The introducer is paid by both sides.
A placement agent on the deal also earns a fee from the target.
The source of wealth leads to a private group.
The principal’s money traces back to a business with no public filings that nobody has looked at.
From term sheet to exit.
Before the deal
Sponsors, co-investors, targets and the advisers around them.
During the hold
Contractors, payment recipients and new partners as the business grows.
Across the portfolio
Ownership changes, litigation and new designations on holdings you already own.
When a red flag appears
A mapped, sourced account your investment and legal teams can act on.
Sized to the risk and the deadline.
Start with one counterparty or a full portfolio. Every engagement is confidential.
- Pre-investment due diligenceONE SPONSOR OR TARGET
- Co-investment and JV reviewPARTNERS AND THEIR BACKERS
- Transaction integrity reviewUSE OF PROCEEDS AND PAYEES
- Portfolio counterparty reviewHOLDINGS YOU ALREADY OWN