The document outlines iCapital Advisors, LLC's due diligence process for evaluating investment opportunities, focusing on internal rate of return, multiple on invested capital, and other financial metrics. It describes a five-stage selection process for hedge funds, involving market opportunity assessment, manager identification, initial diligence, deep dive diligence with Castle Hall Alternatives Inc., and final approval by the iCapital Investment Committee.
documents/vol00010-efta01354068-pdf.pdf
{"key_people":["Henry Nicholas"],"document_type":"financial","document_subtype":"Form ADV Part 2A","key_organizations":["iCapital Advisors, LLC","Castle Hall Alternatives Inc."],"reference_numbers":["DB-SDNY-0038662","SDNY_GM_00184846","EFTA01354068"]}