2007 Due Diligence Pension Funds 
The Motley Fool
SEPTEMBER 17, 2023
Within about 90 days, it became apparent to me that we had not done sufficient reversed due diligence on our acquirer. This idea of reversed due diligence is like they're asking a bunch of questions trying to figure out who you are and where you fit with cultures like all those things. We managed to still sign and close.
Pension Pulse
MAY 8, 2023
Blackstone told us "extensive pre-investment due diligence showed PSSI had industry-leading hiring compliance." But it seems, that diligence failed to find what was obvious to investigators watching a shift change in a parking lot. No pension fund wants to invest in private companies that abuse immigrant children.
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Pension Pulse
SEPTEMBER 12, 2023
At C$146 billion, equivalent to a quarter of the entire C$575 billion pension fund for some 21 million Canadians and forecast to grow bigger every year, Kim leads a program that is also heading into unchartered territory. Most were on the fund's private equity team and were informed early last month, according to two of the people.
The Big Picture
MARCH 12, 2024
There were financial experiments where the borrower hadn’t been through due diligence. So we, we do business with most of the sovereign wealth funds, most of the big US national insurers, global insurers, the largest pension funds. The LTV was very high. The underlying risk of the home market was very high.
The Big Picture
APRIL 11, 2023
And as you well know, in 2007, accountants fixed what I thought was a horrendous mistake — RITHOLTZ: Right. DAMODARAN: Or it could be some unique characteristic, pension funds pay no taxes. DAMODARAN: We’re going to do our due diligence. We also tell them to do due diligence.
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