The document outlines the due diligence process of iCapital Advisors, LLC for evaluating investment opportunities, particularly in hedge funds. It describes a five-stage selection process that includes market opportunity assessment, manager identification, initial diligence, deep dive diligence with the assistance of Castle Hall Alternatives Inc., and final approval by the iCapital Investment Committee. The document emphasizes the importance of a unanimous vote by the Investment Committee for any investment to be marketed.
doj/DataSet10/EFTA01389586.pdf
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