Glossary term

Due Dilligence (DD)

Comprehensive assessment of the financial strength of a potential investee for each fund, its corporate governance structures and management capacities, its beneficial ownership, its experience in serving the ultimate target group, and/or its capability and interest in doing so in the future, as well as its social and environmental performance and its operating environment. Generally involves both off-site and on-site assessments to ensure that the information provided in writing is rigorously validated against the reality observed on the ground.