The document outlines iCapital Advisors, LLC's due diligence process for evaluating investment opportunities, specifically 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 Investment Committee.
documents/vol00010-efta01355124-pdf.pdf
{"key_people":["iCapital Investment Committee"],"document_type":"other","document_subtype":"investment evaluation","key_organizations":["iCapital Advisors, LLC","Castle Hall Alternatives Inc."]}