Operational Due Diligence
Over 20 years of experience underwriting operational risk
Before making investments across our investment strategies, we perform operational due diligence (ODD) to help identify material risks that could arise from the non-investment operations of investments and managers and seek to mitigate the impact where possible.
Key Objectives 1
Operational Due Diligence Functions
Our dedicated ODD team operates independent of our Investment Department and is comprised of Finance and Legal professionals. The ODD team performs several different reviews, the three primary being:
Our evaluation does not stop at initial investment. On an ongoing basis, we analyze and review various investment-related correspondence and monitor organizational and operational developments.
Every approved investment is subject to general ongoing monitoring procedures from both an investment and operational perspective.
Addresses specific issues identified during initial or ongoing due diligence.
ODD Watch List
Our Focus on Cybersecurity
As part of our evaluation both pre- and post-investment, we look at cybersecurity risk and preparedness. Click below to read our two-part series where we discuss some of the key prevention measures we look for and highlight best practices in readiness and mitigation.
Related News and Insights
Here, we discuss another component of a well-designed cybersecurity framework: readiness and mitigation –steps that help to effectively respond to a cyberattack and mitigate potential impact and/or losses.
Here, we evaluate cybersecurity preparedness, highlighting some of the key prevention measures we look for in asset managers in today’s environment.
1 Due diligence seeks to mitigate but cannot eliminate risk.
Certain investments made directly, not through a third-party investment manager, may not be subject to Operational Due Diligence or require Operations Committee approval.