The IMAS–SBAI Masterclass provided a practical deep dive into the due diligence processes underpinning private-market investments. As allocations to private assets continue to grow, the session examined how investors can strengthen decision-making by assessing risks, validating assumptions and evaluating value-creation potential across the deal lifecycle.

Key takeaways

• Private-market due diligence should extend beyond financial performance to assess the full range of commercial, operational, technological and governance risks.
• Findings across each workstream should be considered together to test the strength and credibility of the investment thesis.
• Investors should challenge assumptions around growth, margins, cash generation, management capability and operational scalability.
• Effective due diligence helps identify material risks early, improve deal structuring and support more informed investment decisions.
• A structured and multidisciplinary approach is essential for evaluating long-term value creation in private-market opportunities.