The question asked for 6 due diligence checkpoints for alternative assets. I answered like this:
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Evaluate the people.
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Evaluate Organization
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Review Records
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Evaluate support staff that support the business.
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Document review process
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Evaluate Alpha generation process.
The list provided in schweser is:
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Asses the market opportunity offered
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Asses the investment Process
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Asses the organization
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Assess the people
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Asses the terms and structure of the investment
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Assess service providers
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Review Documents
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Write-Up.
How would you grade this? Do we need to be exact in terms of wording? Would I only get partial credit for most as they are not “exact”?
Time is ticking!