Buttonwood offers two levels of Sponsor Review.
Level 1 Sponsor Review:
- Company background, ownership, affiliate structure
- Management background checks and legal review
- Entity analysis including legal review
- Overview of sponsor’s targeted investments and investment methodologies
- Financial statements for the sponsor and capitalized affiliated entities
- Company insurance policies
- Prior performance with syndicated offerings and outside of offerings
- Target market overview
- Phone interviews with certain members of management
Level 2 Sponsor Review:
- Company background, ownership, affiliate structure
- Management background checks and legal review
- Entity analysis including legal review
- Overview of sponsor’s targeted investments and investment methodologies
- Financial statements for the sponsor and capitalized affiliated entities
- Company insurance policies
- Prior performance with syndicated offerings and outside of offerings
- Target market overview
- Company formation documents for the sponsor and affiliates
- Company governance documents such as operating agreements
- Succession and business continuity plans
- Internal controls including accounting policies, cash management and handling, IT security, etc.
- Selling group relationships including managing BD arrangements (if present)
- Visit to sponsor headquarters including on-site interviews with management (when applicable)
Please note: Broker dealers, investment advisors and other investment professionals may have different requirements regarding what level of Buttonwood Sponsor Review they require.
