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 iCapital Investment Committee.
doj/DataSet10/EFTA01391911.pdf
{"key_people":["Glenn Warren"],"document_type":"other","document_subtype":"Investment Advisory Document","key_organizations":["iCapital Advisors, LLC","Castle Hall Alternatives Inc."],"reference_numbers":["DB-SDNY-0097021","SDNY_GM_00243205","EFTA01391911"]}