Investment Committee Memo Drafting demo

What the demo shows

Drafts the IC memo from the model, CIM and diligence findings for the deal team to sign

A memo studio for each deal: the draft memo with every number a chip colored by its source, a rail of the questions the committee will ask (each answered or a gap), and the conversation with the agents beside it. Seven agents draft, check every figure against the current model version, rehearse the committee from past minutes, read diligence in the original language, watch the model, test the fund's limits and build the decision record. The associate drafts, the deal lead approves each section, the partner signs, and the secretary and chair co-sign the committee's decision.

Transcript

1. 0:00Investment Committee Memo Drafting writes private markets IC memos from the model, CIM and diligence.
2. 0:09A first memo takes 40 to 80 associate hours.
3. 0:13Model changes leave stale figures.
4. 0:18Quillfield's $415 million Turkish buyout, Project Bosphorus, goes to Committee Monday.
5. 0:26Every number is colored by its source.
6. 0:29Click one to see the Turkish original.
7. 0:33The checker agent re-verified 186 figures.
8. 0:38Nina accepts the two that changed overnight.
9. 0:42From 214 sets of minutes, the devil's advocate agent predicts Harold's question, a 30% lira fall.
10. 0:51No FX case exists, so Nina adds one.
11. 0:56IRR moves from 21.4 to 17.9%.
12. 1:01Tomas, the deal lead, approves each section with a reason.
13. 1:06he cannot sign. Catherine, the deal partner, signs.
14. 1:12Every approval and version goes to the audit pack.
15. 1:18The aim. Every figure traced.
16. 1:20Committee questions answered first.
17. 1:23A draft in ours.
18. 1:26Built on Botminds.
19. 1:28Agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.