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Why should he be held accountable later for having signed a paper without executing due diligence?
It was further shown that Respondent and non-party Daugherty did execute due diligence and continuous monitoring of the hedge fund.
These large LPs face limited manpower to execute due diligence (sometimes one person per billion dollars under management), making ongoing relationship management for each individual investment challenging while deploying large pools of capital.
You do due diligence.
"Anyone can do due diligence.
"We have time to do due diligence.
"They didn't do due diligence".
They have to perform due diligence.
Perform due diligence.
That's because a poorly executed technical due diligence initiative can derail a deal and hurt the bottom line for investors -- as well as the management team of the company receiving the investment -- so it is worth understanding how to do it right as a CTO.
'Competently prepared and implemented' is a key phrase, here: offshore planning isn't something you can set up and execute without due diligence and extensive planning.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com