Omega for Fund of Funds & LPs

The GP selection challenge

Allocating to private funds requires evaluating dozens of managers. Each presents polished pitchbooks with curated track records — but how do you verify the claims?

Traditional approach: Request DDQs, schedule reference calls, manually cross-check reported returns against audited financials. By the time you finish diligence on one manager, three others have closed their funds.

Omega approach: Upload manager materials — pitchbooks, audited financials, prior fund LPAs, track record reports. Omega extracts, cross-references, and flags discrepancies automatically.

What Omega verifies

• Track record verification: Cross-reference reported returns against audited financial statements
• Key person analysis: Map deal attribution, tenure, and departure risk across investment professionals
• Portfolio concentration: Identify sector, geography, and vintage year exposure across underlying funds
• Terms comparison: Benchmark fees, carry, and governance provisions against market standards
• Entity screening: Screen GP principals and fund entities for sanctions, PEP exposure, and adverse media

Portfolio monitoring

Omega doesn't stop at initial due diligence. For existing fund investments:

• Quarterly report parsing: Extract portfolio company updates, NAV changes, and capital call schedules
• Performance tracking: Monitor IRR, MOIC, and DPI trends across your fund portfolio
• Covenant monitoring: Track side letter provisions and governance thresholds
• Concentration alerts: Flag when portfolio exposure exceeds investment policy limits

Built for institutional workflows

Omega integrates with how LPs already operate:

• DDQ automation: Pre-populate due diligence questionnaires with extracted data
• IC memo generation: Create investment committee materials with source-linked evidence
• Benchmark analysis: Compare terms and performance across your fund portfolio
• Export flexibility: Push data to Excel, portfolio management systems, or your internal databases