The document outlines the due diligence process of iCapital Advisors, LLC for assessing investment opportunities, particularly in hedge funds. It describes a multi-stage evaluation process involving internal rate of return, multiple on invested capital, and other financial metrics. The process includes a comprehensive review of fund terms, market opportunities, and manager evaluations, with assistance from Castle Hall Alternatives Inc. The final decision requires a unanimous vote from iCapital's Investment Committee.
doj/DataSet10/EFTA01391610.pdf
{"key_people":["iCapital Investment Committee"],"document_type":"other","document_subtype":"investment diligence process","key_organizations":["iCapital Advisors, LLC","Castle Hall Alternatives Inc."]}