Portfolio & exit
Portfolio Monitoring
Watch the underwriting, not just the dashboard.
“When enough evidence accumulates across deals, help the firm identify recurring lessons — without letting the system rewrite investment policy on its own.”
A portfolio company starts to drift. The signal usually exists in a board pack somewhere; what is missing is the connection back to the assumption it undermines.
- 1 Read the pack
Board packs, KPI workbooks, covenant reporting, and operating reviews parsed with their tables and figures intact.
- 2 Compare against the case
Reported performance held next to the assumptions underwritten at IC, with the deviation traced back to the original document.
- 3 Raise exceptions
KPI and covenant watch surfacing the handful of items that need a partner this week, each explanation labelled source-stated or inferred.
- 4 Close the loop
Exits and post-mortems compared against the original thesis, and recurring patterns proposed as firm lessons for human review.
What changes
Drift visible while there is still time to act on it
Outcomes connected back to the underwriting that predicted them
Lessons that show up on the next deal that looks like this one