# kaal:claim:2811718-033

**Claim.** Expert consensus in the examined litigation record converges on a set of standard due diligence practices, beginning with qualitative review of firm marketing materials, offering documents, subscription documents, and manager track records, and onsite manager meetings.

**Type.** empirical  **Support.** evidenced

**Holds when.**

- expert reports surveyed through Westlaw Expert Materials

**Source quote.**

> applicable standard private fund IDD industry practices, as stipulated in the examined litigation record, include: qualitative review of firm "marketing materials, offering documents, subscription documents, manager track record[s]"243; onsite manager meetings;

**From.** Wulf A. Kaal, *Private Fund Investor Due Diligence – Evidence from 1995 to 2015* (2016), III.B.4. Expert Testimony: Best Practices, page 57

**Cite as.** Wulf A. Kaal, Private Fund Investor Due Diligence – Evidence from 1995 to 2015 (2016). SSRN: https://ssrn.com/abstract=2811718

**Verify.** sha256 of source PDF `b52152af561288173840a1cabbcf8f4b337e73507c856ee01600799073f4156f` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Private%20Fund%20Investor%20Due%20Diligence%20%E2%80%93%20Evidence%20from%201995%20to%202015.pdf

**Topics.** institutional-design

**Keywords.** expert-testimony, best-practices, industry-standards, onsite-reviews

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.