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How Investment Funds Work |
The Call Process
OPIC initiates the fund manager selection process only through the publication of a call for proposals (the “Call”) in private equity trade journals and on OPIC’s website. Then, a selection committee, comprised of an internal OPIC team and an independent private equity consultant, conducts extensive manager evaluations. All applications that meet the published selection criteria will be considered. Generally, the evaluation of prospective fund managers is based on the following criteria:
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The viability and thoughtfulness of the proposal.
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The relevant track record of the prospective management team.
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The cohesiveness of the management team, and its experience managing third-party capital.
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The ability of the manager to raise sufficient equity capital to support the investment thesis.
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