2017 Private Markets Investor & Consultant Due Diligence Report

Explore the key factors driving investor and consultants’ private markets allocation and manager selection decisions.

This annual survey represents the new and emerging trends in institutional investors’ due diligence of private equity fund managers.

Key findings from the report include:

  • Past performance is still a key driver of the LP investment decision making process, but the majority of respondents still don’t feel they can compare manager performance on a fair and consistent basis.
  • Respondents are increasing their level of due diligence on managers, using increasingly sophisticated analysis such as PME.
  • Factors such as private equity assets under management affect the level of trust LPs say the place in manager-reported performance numbers.