The concerns section of a due diligence report
01.10.2024 – Articles
LP-GP expert Anthony Kwesi Hagan, highlights several ways effective and ineffective counterarguments are constructed in the concerns section of due diligence reports. He urges GPs to ease the report-building process for LP through honest exchanges, unwavering transparency, and authentic objectivity.
Every private assets due diligence report has thoroughness or the impression of thoroughness as an explicit or implicit goal. Why would you lock up capital for such a long time without adequate probing, prodding, analysing, assessing, devil’s advocating, and soul searching?
A well-written report embodies gruesome hand-to-hand (with medieval weapons) mental combat camouflaged by formal business language and intellectual jargon. Every time I am amid deep due diligence it feels like I am walking around with an invisible 100-pound anchor around my neck.