Authored by: Mike Coppens

Does Recent Banking Sector Stress Highlight the Need for Robust Operational Due Diligence?

Yes. A rigorous operational due diligence (ODD) review is a core piece of the investment manager underwriting process that allows limited partners to make informed investment decisions. Recent banking sector events, including yesterday’s collapse of First Republic Bank, highlight the need for a constantly evolving ODD framework capable of identifying and addressing both ongoing and new risks that managers may encounter.