An Investment Committee is the governance body that approves a fund's investment objectives and decides which investments the fund will make. Investors charter it to cultivate a portfolio of companies that fit a 📝Credit Box or other investment criteria.
Investment committees set investment policy, risk tolerance, and allocation ranges, approve or reject individual opportunities, and monitor the performance of the portfolio as a whole. They are usually small, often three to five members with complementary expertise, and their members owe fiduciary duties of care and loyalty to the fund's investors. Committees can delegate day-to-day execution to investment staff but remain responsible for the decisions. In lending and venture firms, the committee typically hears opportunities presented by a deal team and makes the final go or no-go call.
The investment committee of 📝Assembled Brands meets every week to make go/no-go decisions on the brands our 📝Deal Team presents. It is responsible for ensuring that our investments remain in our Credit Box and that, as a portfolio, they achieve our collective goals.