What exactly is a Private Equity Investment Process?
WSO -
I see this term thrown around all the time (e.g., fund marketing decks, websites, etc.), but I'm not sure I've ever actually understood what this means.
Is the "investment process" as set of key quantitative and qualitative analyses that are always performed (e.g., public comp spreads, SWAT, customer calls, etc.) and which always make their way into the IC memo? Is this just the IC process (e.g., Write-Up/Pre-Screen > LOI > DD > Final Committee, etc.)?
Is there anywhere that I can find an actual "investment process" spelled out in detail?