The document outlines the due diligence process of iCapital Advisors, LLC for assessing investment opportunities. It details the evaluation of internal rate of return, multiple on invested capital, and other financial metrics. The process includes a comprehensive review of fund terms, a detailed due diligence report, and a multi-stage selection process for hedge funds. Castle Hall Alternatives Inc. assists in the due diligence process. A unanimous vote from iCapital's Investment Committee is required for any investment opportunity to be marketed.
doj/DataSet10/EFTA01382891.pdf
{"key_people":["iCapital Investment Committee"],"document_type":"financial","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC","Castle Hall Alternatives Inc."],"reference_numbers":["DB-SDNY-0082433","SDNY_GM_00228617","EFTA01382891"]}