Case Study: Caltech improves private equity due diligence with eVestment TopQ

Caltech - Customer Case Study

The California Institute of Technology (Caltech) Investment Office manages a $2.5 billion endowment, with a significant portion allocated to private equity. An Investment Associate, Brian Chen, faced the challenge of a labor-intensive, spreadsheet-reliant process for analyzing fund managers' track records. The lack of data standardization also made direct performance comparisons between managers difficult and time-consuming.

eVestment implemented its TopQ Analyzer solution to streamline the due diligence process. The platform provided a consistent, formulaic method for track record analysis, ensuring an apples-to-apples comparison of manager performance. For Caltech, this resulted in more robust and efficient processes, cleaner data for investment committee memos, and deeper visual insights into investment returns, ultimately making their overall operation more effective.

Caltech

Brian Chen

Investment Associate