Castle Hall believes that due diligence is long overdue for a FinTech makeover
Every investor has higher value questions, specific to their organization, which influence their investment decision. But core diligence questions - the manager / GP's corporate structure, systems used, the compliance officer’s bio - are the same for all allocators. Multiple investors asking for the same information, but in slightly different ways, simply adds expense and delays the investment process for all sides.
DiligenceExchange ("DXC") enables managers and investors to use the same framework to share core reference data, needed as the “first 50%” of every due diligence review, in a standard format.
For investors, DiligenceExchange provides consistent, independently verified due diligence, available for every manager and fund in a portfolio. For investment managers, Castle Hall saves time by enabling the manager to work with our diligence team on behalf of multiple investors.