DIY diligence: testing assumptions with alternative data
Barney Bruce-Smythe, Senior Associate (London)
Private markets investors are increasingly seeking to build an information mosaic in-house by leveraging alternative data, including for due diligence, post-deal value creation and investment benchmarking. While saving consulting fees, alternative data vendors also offer additional angles and a means to assess target companies beyond more traditional deal-sourcing platforms. Although due diligence is case-specific, this report offers some ideas to help private markets investors validate or challenge their assumptions during the process.