Definitions from Wikipedia (Operational due diligence)

▸ noun:  In alternative investments, operational due diligence, is an investigation (due diligence) into operational factors of alternative investment entities such as a hedge fund, private equity fund, or infrastructure fund.
▸ noun:  the process by which a potential purchaser reviews the operational aspects of a target company during mergers and acquisitions, private equity investments, or capital raising.


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