Emerging Fund Managers
New Fund Launches
Trustees
Investment Committee Members
Family Offices
Endowments, Foundations, OCIOs
Institutional Investors
LPs, GPs, Fund of Fund Managers
PE, VC, secondaries & private credit professionals
Associates stepping up in responsibility
LP investors moving closer to deals
Bankers & consultants struggling to “click” in interviews
Anyone whose feedback sounds like:
“Strong technically, but lacking judgment”
1️⃣ The Perfect Investment Memo Framework
Not a report. Not a data dump.
A decision document.
– How ICs actually read memos
– What gets skimmed vs what gets debated
– How to frame upside, downside, and trade-offs
– How to make a recommendation that survives scrutiny
This is the difference between:
“Here’s my analysis”
and
“Here’s the decision — and why.”
2️⃣ The Commercial Judgement Toolkit
The hardest skill to teach. The most valuable to master.
– How investors weigh imperfect information
– When to push, when to walk
– How to think in probabilities, not certainties
– Recognising second-order effects early
This is what separates associates from future principals.
3️⃣ The ‘Red Flag’ Risk Radar
Deals rarely die from bad models.
They die from ignored signals.
– Commercial red flags most candidates miss
– Operational risks that don’t show up in data rooms
– Founder and management warning signs
– Structural deal risks that quietly kill returns
Learn how experienced IC members smell trouble early — and articulate it clearly.
4) IC Framework for Project Viking
5) Carry waterfall calculation model
6) Due Diligence Checklist
Technical skill gets you into the room.
Judgement keeps you in the room.
Most training teaches:
How to model
How to format slides
Almost nothing teaches: How ICs decide
This does.
What This Replaces
On-the-job guesswork
Trial-and-error feedback
Expensive 1:1 coaching
Rejected memos and stalled careers
Format & Access
• Digital toolkit
• Reusable memo templates
• Mental models you’ll use on every deal
• Designed for repeat application
Anna White
COO, Retail Group
