We vet investment proposals on behalf of clients. Initially we review proposals for compatibility with the appetite of our client group, and then approach one or two for a preliminary assessment of interest. We establish general terms of a funding, then manage the due diligence process on behalf of our client. We summarize due diligence findings.
We operate in a way which keeps costs at a minimum for our client group, to enable them to be as flexible as possible in offering attractive terms to borrowers. We achieve this in part by eliminating what would otherwise be overhead costs, including the cost of the due diligence process. We ask that prospective borrowers contribute to these costs. We have a team of professionals for the due diligence review who we use on a regular basis and who provide services at favorable rates.
Because we operate globally in a wide range of business cultures, we have developed a model which works for our clients, which includes payment of the due diligence contribution in advance of due diligence commencing. We in turn pay our due diligence service providers in advance, both to secure a lower rate and to ensure timely turnaround on due diligence findings.
We do not manage money. The decision to invest is made by an investment committee of each individual client. We prepare a summary of due diligence findings on each project for each client involved.