Industry Groups Propose ESG Questionnaire for Due Diligence on Asset Managers
In connection with the formation of investment funds, due diligence is a critical component of such transactions. At such times, investors have the opportunity to undertake efforts to assess and learn critical information about the managers of such vehicles.
To streamline and standardize the due diligence process for investment fund transactions, the Loan Market Association, the Loan Syndications and Trading Association and the European Leveraged Finance Association have published an ESG questionnaire for prospective and incumbent asset managers. ESG tracks environmental, social and governance factors that can impact the performance of a portfolio company and its investments.
If any one ESG questionnaire gains a following among investors, there will be an increased amount of standardization in regards to the fund investor due diligence process for investment professionals and funds. Additionally, funds and their managers can more easily be ranked and compared using “side-by-side” assessments.
Do you want to learn more about ESG and/or the due diligence process for investment funds and fund-managed portfolio companies? If so, contact us to schedule an introductory consultation with Castle Garden Law.
Ted Amley
Managing Attorney
With more than two decades of experience, Ted Amley has advised on hundreds of complex business, finance, and employment matters. His background includes roles at Cravath, Richards Kibbe, and Dentons, along with in-house experience at Morgan Stanley, Blackstone, and UBS. Now leading his own practice, Ted represents individuals, companies, funds, and institutions across sectors such as tech, real estate, healthcare, AI, ecommerce, and finance – offering strategic counsel on
equity, governance, contracts, lending, cross-border deals, and more.
Years of experience: 23+
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