Coming 26 January 2027

The DDQ
Field Guide

How LPs actually read a due diligence questionnaire, and how a first-time manager answers it without a long track record.

You will receive the guide by email on 26 January 2027, together with The Capital Brief. Unsubscribe any time.

What’s inside

  1. 01

    How LPs read a DDQ: which sections get read first, and why

  2. 02

    Firm and team: ownership, time commitment, key-person terms

  3. 03

    Track record without a fund: attribution, prior deals, angel and operating history

  4. 04

    Terms and alignment: fees, GP commitment, what LPs push back on

  5. 05

    Operations and compliance: service providers, valuation, ESG

  6. 06

    Reporting: quarterly reports and capital-account statements to industry templates

  7. 07

    Red flags: the answers that slow a commitment down

  8. 08

    Worked answers: sample responses to the hardest questions

Who it’s for

First-time GPs

Preparing a DDQ for an anchor investor for the first time.

IR and operations leads

Building the data room and answer library for Fund II.

LPs new to the segment

Family offices that want a shared language with emerging managers.

Educational material. Not legal, tax or investment advice.