Insights

Structure holds judgement together. This is how.

Operational Due Diligence is tested as portfolios grow more complex. These are working positions on where judgement holds — published to sharpen the discipline, not resolve it.

Insights

Designing an Institutional ODD Operating Model

An effective ODD operating model is not defined by headcount or how much work is outsourced. It is defined by where judgement and accountability, evidence gathering, escalation mechanisms and institutional memory sit.

Comparing Operational Risk across different Managers

Comparable ODD should not make different managers look alike. It should give the investor a consistent basis for deciding why their differences matter, but also when they do not matter.