Free private markets document generator

Private Markets Operating Procedures Manual

Create a private markets operating procedures manual covering sourcing, diligence, approvals, subscriptions, capital calls, valuations, monitoring, reporting and records. Define repeatable operating procedures for the full private markets investment lifecycle.

Open the interactive Operating Procedures

What this generator covers

  1. Purpose & scope
  2. Opportunity sourcing
  3. Due diligence
  4. Approvals
  5. Subscriptions & closing
  6. Capital calls & distributions
  7. Valuations
  8. Monitoring
  9. Reporting
  10. Records management
  11. Exceptions & incidents

Inputs used by the document

  • Governance & sourcing: Institution, Manual purpose, Sourcing, Diligence, Approvals
  • Transaction operations: Subscriptions & closing, Capital calls & distributions, Valuations, Monitoring
  • Controls & records: Reporting, Records management, Exceptions & incidents

01

Purpose & scope

This manual defines the operating procedures, control owners and records required for the private markets program.

02

Opportunity sourcing

Log opportunities, conflicts, initial screen and relationship source in the investment pipeline before diligence begins.

03

Due diligence

Use approved diligence checklist, references, legal review, risk assessment and investment-memo template.

04

Approvals

Document delegated authority, Investment Committee decision, conditions, dissent and final subscription authorization.

05

Subscriptions & closing

Maintain executed documents, side letters, tax forms, entity records and closing checklist in the secure data room.

06

Capital calls & distributions

Reconcile notices, validate payment instructions, approve cash movement and update commitment and cash-flow records.

07

Valuations

Review NAV and valuation reports quarterly, challenge exceptions and retain support for material adjustments.

08

Monitoring

Maintain quarterly manager review, covenant and key-person watchlist, performance dashboard and escalation log.

09

Reporting

Produce quarterly portfolio reporting, annual program report, compliance attestations and Committee materials.

10

Records management

Retain diligence records, approvals, legal documents, notices, valuations and correspondence under the records policy.

11

Exceptions & incidents

Escalate operational exceptions, payment anomalies, data issues and policy breaches to the COO and CIO promptly.

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