Private Equity and Real Estate Operational Due Diligence
Corgentum is a full service operational risk consultancy practice. In addition to hedge fund operational due diligence services, we offer a variety of operational due diligence solutions for reviews of private equity and real estate funds. Many of the core tenants of the hedge fund operational due diligence process directly translate to private equity and real estate. In many cases, such operational risk reviews also typically require a customized approach to properly vet the unique risks associated with these investment funds. Corgentum has designed operational due diligence approaches to properly diagnose and analyze the unique operational risks associated with private equity and real estate funds.
Direct Industry Experience
Corgentum personnel have direct industry experience reviewing a wide-variety of private equity and real estate funds. Examples of the funds and strategies previously reviewed by Corgentum personnel include REIT's, clean-tech funds, direct property holdings, multi-year vintage funds, Asian infrastructure funds, Eastern European utility and infrastructure funds, commodity funds (timber, oil, gold etc.) and private equity fund of funds.
Focus on Valuation
The Corgentum operational due diligence process for private equity and real estate funds includes a distinct focus on valuation policies and procedures in place at the fund level. This includes a review of existing fund policies, testing of historical position valuations, analysis of prior or vintage funds and reviews of related financial statements.
Understanding fund specific risks
Private equity and real estate funds posses a unique set of operational risks specific to each fund under review. These risks can include operational considerations related to the nature of the fund's holdings, fund legal structures, valuation concerns and jurisdictional and tax considerations. The Corgentum operational due diligence process does not take a cookie-cutter approach to operational due diligence but rather, takes steps to understand, diagnose and analyze each of these unique fund specific risks.
For More Information
Corgentum: Private Equity and Real Estate Operational Due Diligence
Corgentum Consulting (310 KB PDF)