The due diligence process conducted on third-party managers emphasizes a thorough evaluation of the firm’s organization, investment philosophy and process, terms and conditions and historical performance.
The due diligence process conducted on third-party managers emphasizes a thorough evaluation of the firm’s:
- Organization and people
- Investment philosophy and process
- Historical performance, both in terms of return and risk management
- Terms and conditions
On-site visits are a necessary component of the evaluation process, helpful for assessing qualitative factors such as:
- Passion and drive
- Organizational resources
- Firm culture
- The quality of personnel
An appropriate alignment of interests is critical. We prefer management firms that are:
- Have a high degree of personal investment in their strategies
For highly “efficient” asset classes, Oxford may utilize certain index or factor-based solutions to complement traditional active managers.