3.4 KiB
3.4 KiB
Questions to Help Generate an Investment Thesis for a Firm with Multiple Investment Funds
Firm Vision and Mission
- What is the overarching mission and vision of the firm?
- What are the long-term goals for the firm’s impact and financial performance?
- How does the firm differentiate itself from other investment firms?
Fund Structure and Focus
- How many funds will the firm manage, and what are their individual purposes?
- What is the primary focus of each fund (e.g., venture capital, private equity, real estate, ESG)?
- What are the target asset classes or industries for each fund?
- Are there specific geographic regions the funds will focus on?
Target Investors
- Who are the intended investors for each fund (e.g., institutional investors, high-net-worth individuals)?
- What is the minimum and maximum investment size for investors?
- What value propositions will attract and retain investors?
Market Analysis
- What trends or gaps in the market is the firm aiming to capitalize on?
- How does the firm plan to stay competitive in evolving market conditions?
- What metrics will be used to evaluate market opportunities for each fund?
Fund Strategy
- What is the investment strategy for each fund (e.g., growth equity, seed-stage funding, distressed assets)?
- How will portfolio diversification be managed across funds and within each fund?
- What risk management strategies will the firm implement?
Value Creation
- How will the firm add value to portfolio companies or investments (e.g., operational support, strategic guidance)?
- What networks, partnerships, or resources can the firm leverage for its investments?
- How does the firm plan to measure its success in value creation?
Governance and Operations
- What is the governance structure for the firm and each fund?
- How will the firm ensure transparency and accountability for its investors?
- What operational systems or tools will be used to manage the funds?
Team and Leadership
- Who are the key leaders and decision-makers at the firm?
- What experience and expertise does the team bring to the firm’s strategy?
- What plans are in place for team growth and development?
Performance Metrics
- What financial and non-financial metrics will be used to evaluate fund performance?
- What benchmarks or KPIs will be established for success?
Fundraising and Capital Deployment
- What is the fundraising target for each fund?
- How will the firm allocate capital within each fund (e.g., initial investments, follow-on investments)?
- What is the expected timeline for deploying capital and achieving returns?
Regulatory and Legal Considerations
- What regulatory requirements must the firm and funds comply with?
- How will the firm ensure ongoing compliance with legal and ethical standards?
- Are there specific ESG or impact goals the firm aims to align with?
Exit Strategies
- What are the primary exit strategies for investments (e.g., IPO, acquisition, secondary sales)?
- How will the firm ensure favorable exit conditions for its investors?
- What is the projected timeline for typical investment exits?
Future Outlook
- What is the firm’s long-term vision for scaling its funds and operations?
- How will the firm adapt to potential economic or market shifts?
- What role will innovation and technology play in the firm’s future strategies?