Family offices can assess the quality of reporting provided by private debt managers by taking the following steps:
- Review the frequency and quality of reporting: Family offices should review the frequency and quality of reporting provided by private debt managers. This includes understanding how often the manager provides reports, the level of detail provided, and how the manager communicates with investors 1 2 .
- Evaluate the level of detail provided: Family offices should evaluate the level of detail provided in the manager’s reports. This includes understanding how the manager reports on portfolio holdings, performance, fees, and risk management procedures 3 .
- Understand the manager’s reporting process: Family offices should understand the manager’s reporting process, including who is responsible for preparing the reports, how they are reviewed and approved, and how they are distributed to investors 4 .
- Collaborate with other family offices: Family offices can collaborate with other family offices to share information and best practices for evaluating the quality of reporting provided by private debt managers 5 .
- Review the manager’s approach to ESG factors: Family offices can review how private debt managers incorporate
ESG factors into their reporting to ensure that they are transparent about their approach to responsible investing 6 .
In summary, family offices can assess the quality of reporting provided by private debt managers by reviewing the frequency and quality of reporting, evaluating the level of detail provided, understanding the manager’s reporting process, collaborating with other family offices, and reviewing the manager’s approach to ESG factors.