Buttonwood Due Diligence · Evaluate

Research is only useful when it helps you understand what matters.

For more than two decades, Buttonwood Due Diligence has provided independent, third-party research on alternative investment programs and sponsors. Our approach goes beyond collecting information to focus on analysis, interpretation, and context, helping wealth managers better understand an investment, its risks, and the organization behind it.

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Buttonwood Due Diligence ReviewIndependent alternative investment research

Independent

Sponsor & ManagementExperience, organization, ownership, alignment

Reviewed

Investment StrategyObjectives, execution, sourcing, assumptions

Analyzed

Structure & TermsFees, liquidity, conflicts, investor alignment

Reviewed

Risk AssessmentMaterial risks and the context around them

Contextualized

Key consideration: material findings are presented with interpretation and context, not as isolated data points.

Beyond the checklist

Due diligence isn't about checking boxes. It's about understanding what they mean.

Information alone doesn't create insight. Our analysts evaluate each investment in context, looking not only at what is disclosed, but at how the pieces fit together, where risks may exist, and what advisors should understand when evaluating an opportunity.

AnalysisDig beneath offering materials to understand the investment, sponsor, structure, operations, financials, and risks.

InterpretationPut individual findings into context rather than presenting advisors with disconnected data points.

PerspectiveApply 22+ years of alternative investment experience to identify what deserves attention and why.

What we evaluate

A complete picture requires more than one lens.

Sponsor & ManagementExperience, organization, personnel, ownership, and alignment.

Investment StrategyObjectives, execution, sourcing, competitive positioning, and assumptions.

Structure & TermsOffering structure, fees, liquidity, conflicts, and investor alignment.

Financial AnalysisFinancial condition, capitalization, projections, and material dependencies.

PerformanceHistorical results, benchmarks, assumptions, and relevant context.

OperationsControls, systems, service providers, processes, and operational infrastructure.

RiskInvestment, operational, structural, sponsor-level, and other material considerations.

Offering DocumentsConsistency, disclosures, terms, and material provisions across documents.

Built for the decision maker

More information isn't always more useful.

Buttonwood reports are designed for the professionals who actually have to evaluate an investment. Findings are organized to make material information easier to identify, understand, discuss, and incorporate into a firm's own approval process.

Clear findingsUnderstand what matters without digging through hundreds of pages.

Risk in contextSee potential concerns alongside the facts and circumstances surrounding them.

Independent analysisResearch intended to inform an investment decision, not to promote one.

Research SummaryHow findings reach the advisor

Independent review

Sponsor organizationLeadership depth, ownership structure, and operating history reviewed in context.

Strategy & executionInvestment thesis evaluated against sourcing, execution capabilities, and relevant market conditions.

Structural considerationsOffering terms and liquidity assessed alongside expected strategy duration and investor experience.

Material risksKey risks identified with supporting context and considerations for further evaluation.

Independent by design

Our job is to evaluate the investment. Not sell it.

Independent research should help inform a decision, not make the decision for you.

Buttonwood's research is designed to provide independent analysis of alternative investment programs and sponsors. We do not determine whether an investment belongs on a firm's approved product list, and our research does not replace a firm's own fiduciary judgment.

Independent researchAnalysis built around research rather than promotion.

No product promotionButtonwood evaluates investments; it does not market them.

ConfidentialityClear standards around sensitive sponsor and firm information.

Code of ethicsPolicies designed to preserve integrity and independence.

Experience changes the questions you ask

22+

Years of independent alternative investment research and due diligence.

After more than two decades of reviewing alternative investments across market cycles, structures, sponsors, and strategies, experience becomes more than a credential. It informs the questions we ask, the relationships we examine, and the issues we know deserve a closer look.

Where due diligence fits

Evaluation is one stage of a stronger alternatives program.

Buttonwood Due Diligence provides the deep research foundation within ALTSeek's Evaluate pillar. It works alongside ALTSeek Ratings to help advisors better understand individual investments after sourcing them in ALTSeek Search, and before moving into implementation with Atlas and Affirm, then ongoing oversight through Sentinel.

SourceEvaluateImplementOversee

Start a conversation

Have an investment you need evaluated?

Whether you're considering a new opportunity or need independent research on an existing program, talk with our team about your due diligence needs.

Talk with our research team Explore ALTSeek

Independent research is the foundation ALTSeek is built on. Buttonwood has been doing it for more than two decades.