Operational Due Diligence

Raising Institutional Investment Standards

ORC

100

ODDs Completed

in 2023

100+

Years Team

Experience 

US$ 1.5tn

Assets Under

Advisement

Our ODD Solutions

Operational Due Diligence


We partner with multiple asset owners, serving as their ODD partner and leveraging the benefits of our industry-leading ODD framework. ORC adopts partnership approaches that encompass fully outsourced models, co-sourced models and providing behind-the-scenes support for in-house teams.

 

In collaboration with our clients, ORC actively safeguards their interests by identifying operational risks, within the full spectrum of liquid and illiquid asset classes, allowing for regional flavour and manager maturity, while maintaining the integrity of our rigorous due diligence process.



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Ongoing Monitoring


Operational risk persists post investment. ORC actively manages ongoing manager monitoring through a fully managed solution that combines sophisticated automation with a qualitative overlay from our senior team of highly experienced ODD practitioners.

 

Our fully remote and highly automated assessment can eliminate the need for periodic onsite due diligence meetings with managers, thereby significantly enhancing our clients’ capacity to focus on value-add activities.



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"At ORC, ODD isn't just a service; it's the cornerstone of our business. We provide industry-leading solutions, drawing from our extensive experience conducting due diligence on thousands of asset managers and service providers globally."

Maria Long

Partner | Head of ODD

Case Studies

ODD Assessment On Exiting Portfolio


During Q4 2023, ORC conducted ongoing ODD exercises for 34 of the client's existing investments.

 

We conducted a meticulous analysis of annual questionnaires completed by the managers, thoroughly reviewed supporting documentation and presented a comprehensive summary report to the client. The report focused on highlighting the most prominent risks within their portfolio.


Government Related Fund


Enhancing Venture Capital ODD Standards


Since Q3 2024, ORC has actively taken on the exclusive role of ODD provider for a client with a developmental mandate, conducting over 30 ODDs to date.

 

Our approach has been highly customized, delivering time-bound recommendations that meticulously consider both the maturity of the manager and the jurisdiction.


Development Fund


Sole ODD Provider to a Leading Asset Owner


ORC conducted over 50 initial ODD assessments for potential investments on behalf of the client. In parallel, we conducted periodic re-reviews of the client's existing portfolio.

 

Through close collaboration, we actively developed an ODD training program, empowering the client to enhance their involvement in the due diligence process.



Sovereign Wealth Fund


Establishing an ODD Process and Framework


ORC partnered with our client to drive the development of their internal approach to both initial and ongoing ODD.

 

Leveraging our extensive experience and industry-leading framework, we successfully aligned the client with best practice standards.



Development Bank


Establishing a Fund Investment Framework


ORC played a pivotal role in supporting our client to establish an institutional standard framework for investing in externally managed private markets funds.

 

As part of this comprehensive support, we actively partnered with the client to conduct a selection of their IDD and ODD reviews.





Government Related Fund


Venture Capital ODD Advisory Services


The client actively sought ORC's expertise, engaging us to conduct a minimum of 15 ODD assessments on potential venture capital managers.

 

Applying our robust framework, we are poised to assess and effectively manage the degree of operational risk to which the client may be exposed.


Fund of Fund


Providing Private Markets ODD Services


One of the UK’s largest corporate pension funds has chosen ORC as the specialist ODD provider for its private markets portfolio.

 

Leveraging our extensive experience in private markets and our robust framework, we actively support the client's ODD needs.




Pension Fund


Combined ODD for Multiple Asset Owners


ORC actively partners with two government-related entities to pioneer an innovative solution for ODD on their overlapping investments. We conduct ODD on behalf of both institutions, incorporating client-specific risk focus areas to maximize capacity at both the allocator and the asset manager level.



Government Related Funds