∞सीधा उत्तर
सीधा उत्तर
पहले मैनडेट देखें। फिर कंपनी, टीम, स्वामित्व, शर्तें और मुख्य जोखिम जाँचें। जो पता है और जो नहीं पता, लिखें। रुकने की स्पष्ट सीमा रखें। यह समीक्षा प्रक्रिया है, आवंटन सलाह या रिटर्न अनुमान नहीं। [1] [2] [3]
मैनडेट और दायरा पहले देखें
Only review deals that fit the family office mandate. A mandate is the written limit for where and how the office may invest. Check stage, sector, place, cheque size, control needs, and time horizon. If a deal fails one limit, stop.
Write the decision owner and the people who must approve it. UBS reports that 74% of surveyed family offices had an investment committee. A committee is a group that reviews and decides. [1]
- Mandate fit and any hard stop.
- Decision owner and conflicts check.
- Documents needed for the next step.
कंपनी के सबूत जाँचें
Ask for a short data room. A data room is a secure set of company files. Check the product, customer proof, cash plan, and cap table. A cap table records who owns shares. Match each claim to a file or named source.
Separate facts from views. Mark missing, old, or unclear data. Do not fill gaps with a founder story or a model. British Business Bank describes desk work, meetings, and market knowledge as parts of diligence. [3]
- Product use and customer evidence.
- Cash, debts, and planned spending.
- Ownership, rights, and past funding.
- Open questions with an owner and date.
टीम, शर्तें और जोखिम देखें
Check the team’s roles, skills, time, and plan for key hires. Speak with references when the stage and risk justify it. Check who can make decisions and how founders and investors work together.
Read proposed terms with legal help. Terms set rights, price, fees, votes, and future dilution. Dilution means a lower share after new shares are issued. Ask about conflicts, reporting, and investor protections. ILPA’s DDQ gives investors a standard question set and a basis for ongoing monitoring. [2]
- Team roles, gaps, and references.
- Price, rights, fees, and dilution.
- Legal, regulatory, and data risks.
- Risks that need advice, not guesses.
सीमित निर्णय लें और आगे जाँचें
Write a one-page review. State the mandate fit, evidence, open risks, and next check. Choose only among review, pause, or stop. Do not turn a gap into a score or a return claim. A clear limit protects the office and founders.
Set follow-up before any commitment. Ask for reports, material changes, and a review date. British Business Bank treats diligence as ongoing engagement, not a one-time task. [3] This process is for early-stage mandates only. It does not set portfolio allocation.
- Decision: review, pause, or stop.
- Named owner for each open item.
- Reporting cadence and change triggers.
- Legal and tax advice where needed.
FAQ
अक्सर पूछे जाने वाले प्रश्न
What should a family office check first?
Check the mandate first. If stage, sector, place, or cheque limit does not fit, stop before deep review.
How much evidence is enough?
Enough to test each key claim and expose key risks. Record missing evidence. Do not treat a model or interest as proof. [2]
Does this process tell us how much to invest?
No. It tests fit and evidence. It does not give allocation advice, a price opinion, or a return forecast.
Should diligence end after a decision?
No. Set reporting and review dates before any commitment. Ongoing checks can catch material changes. [3]
REF
स्रोत
- 1
- 2
Institutional Limited Partners Association (ILPA)
Due Diligence Questionnaire ↗ - 3
British Business Bank
Due diligence ↗