Services · Fund commitment diligence
A scored verdict on the fund commitment in front of you
For family offices and private investors in Singapore and across Asia weighing an alternative-asset commitment: a private equity fund, a hedge fund, or a direct startup investment, or a co-investment alongside one.
The decision you are actually making
Whether to write the cheque, and on what conditions.
The people around you at that moment are your lawyer, your bank, and the sponsor. Counsel will read the documents. The bank will tell you what it distributes. The sponsor will tell you the story. Nobody in that room is being paid to give you an independent commercial verdict on the fund itself.
That is what this is.
What I do
Scored diligence, not a memo. The commitment goes through a fixed set of dimensions and gates so the answer is comparable to the next one, rather than a feeling written up well.
The structure, read honestly. First-time funds, blind-pool components, related-party arrangements where the sponsor, the operator and the deal-sourcer are the same entity, hedge-fund fee and liquidity terms, startup rounds priced on the last raise rather than the business. These are not disqualifying. They are pricing questions, and they need naming.
A verdict you can act on. Proceed, conditional proceed, or decline, with the conditions written as a checklist rather than a caveat.
What you get
- A scored verdict with the reasoning attached
- Every information gap named explicitly, each one closing before capital moves
- The valuation or terms called what they are, not as the sponsor frames them
- A named view on who this investment is not right for
- What I could not verify, stated plainly, and what it would take to close each gap
The record
A family office fund commitment, 2026
A seven-figure commitment to a first-time private equity fund raised by an established operating group in its sector. The profile required structure: a large blind-pool component, a related-party arrangement in which the sponsor, the operator and the deal-sourcer are the same entity, and a well-capitalised competitor already active in the same strategy. I put it through scored diligence: nine dimensions across three gates. The verdict was a conditional proceed, with four information gaps named explicitly and each one closing before capital could move. The remaining diligence became a checklist. Read the case.
An early-stage deep-tech co-investment, 2026
A round closing under time pressure. The brief called the valuation what it was: aggressive relative to the business today, and named who should not invest. Modest base case, asymmetric upside if the thesis plays out. Written to be argued with. Read the case.
Before 2025, on the corporate side
As Managing Director and Partner at a prior advisory firm, I led the buy-side commercial due diligence for a leading Asia-focused private equity fund's acquisition, mapping the target's growth roadmap to its commercial upside under bear, base and upside scenarios. The deal closed. That is diligence on an operating company rather than on a fund, and it was delivered under a different roof, but it is where the method comes from.
The public evidence
APAC Go-to-Market Country Intelligence scores 22 Asia-Pacific markets from public data, free to download and reuse with attribution. It will not tell you whether a fund's terms are fair. It will tell you whether the market story in the deck survives contact with public data.
How the first conversation works
Send the materials behind the decision. I will arrive at the 30-minute conversation with a written first view: three things I can already see, and the one question a first phase would have to answer. If I am not the right person for it, I will say so on the call. The person on the call is the person doing the work.
After the call, if it is a fit: a diagnostic sprint. Two to three weeks, one question. You leave with a one-page verdict and a go or no-go on anything further. How an engagement actually runs.