Private Equity Operational Due Diligence

A step-by-step guide to develop a flexible, comprehensive operational due diligence program for private equity and real estate funds. Addressing the unique aspects and challenges associated with performing operational due diligence reviews of both private equity and real estate asset classes, this essential guide provides readers with the tools to develop a flexible, comprehensive operational due diligence program. It includes techniques for analyzing fund legal documents and financial statements, as well as methods for evaluating operational risks concerning valuation methodologies, pricing documentation, and illiquidity concerns. Covers topics including fund legal documents and financial statement analysis techniques. Includes case studies in operational fraud. Companion materials include sample checklists, templates, spreadsheets, and links to laws and regulations.