Free private markets document generator

Private Markets Investment Governance Policy

Draft a private markets governance policy defining board, investment committee, staff, consultant, delegation, conflicts and reporting responsibilities. Clarify who decides, executes, monitors and documents private markets activity.

Open the interactive Governance Policy

What this generator covers

  1. Purpose & scope
  2. Governance structure
  3. Board responsibilities
  4. Investment Committee
  5. Investment staff
  6. Consultants & advisors
  7. Delegated authority
  8. Investment approval
  9. Conflicts of interest
  10. Records
  11. Reporting & oversight
  12. Exceptions

Inputs used by the document

  • Program scope: Institution, Program name, Policy authority, Oversight body
  • Roles & delegation: Board responsibilities, Committee responsibilities, Staff responsibilities, Consultant responsibilities, Delegated authority
  • Controls: Approval process, Conflicts policy, Recordkeeping, Reporting, Exception policy

01

Purpose & scope

This policy establishes governance for State Treasury Investment Office's Private Markets Investment Program. It defines decision rights, fiduciary responsibilities, delegated authority and oversight.

02

Governance structure

Board of Trustees retains ultimate policy authority. The Investment Committee provides program oversight within approved policy.

03

Board responsibilities

Approve policy, strategic allocation, risk limits and committee appointments

04

Investment Committee

Approve commitments, monitor program performance and oversee exceptions

05

Investment staff

Source, diligence, recommend, execute, monitor and report investments

06

Consultants & advisors

Independent advice, benchmark analysis, diligence support and annual program review

07

Delegated authority

CIO may approve re-ups up to $25m within the annual plan and policy limits

08

Investment approval

Written recommendation, legal review, conflicts disclosure, committee vote and documented closing conditions

09

Conflicts of interest

Annual disclosure, transaction-specific recusal and independent review of related-party matters

10

Records

Retain diligence, minutes, approvals, legal documents, notices and monitoring records

11

Reporting & oversight

Quarterly committee dashboard and annual board program review

12

Exceptions

Document rationale, duration, risk, mitigation and approving authority

How to use this document generator

Review the example assumptions, replace them with information from your own investment process, and check every statement against the governing documents and source data. The interactive version updates the draft immediately and can export it to Word or PDF without a login.

Template transparency

Draft status

This template creates an editable first draft. Review every statement against source data and governing documents.

Privacy and export

Inputs stay in your browser. Word and PDF exports are created locally and this page does not store your document.

Scope

This is a practical starting point, not legal, tax, or investment advice.

Template 1.0 · Reviewed 13 August 2026