Loading this page
Bringing the next page into view.
Blueprint Intelligence / Data Room and DDQ / Investment strategy in the DDQ: what it demonstrates beyond the pitch
Data Room and DDQ
Connect the sourcing plan, deployment amounts, portfolio size and follow-on reserves. The reader should be able to see how the pieces fit.
The investment strategy section explains how the fund intends to carry out its thesis. Connect sourcing, deployment, portfolio count, reserves and exits in one supported plan. The data-room strategy folder holds the evidence; the DDQ draws out what the LP needs to understand.
ILPA and ILPA DDQ are marks of the Institutional Limited Partners Association. Blueprint is not affiliated with, endorsed by, or certified by ILPA.
Describe the channels that bring opportunities to the team and how you expect those relationships to continue. Where available, show sourcing and conversion data over a defined period. If the firm is new, separate prior-employer activity from evidence generated by the independent fund.
Fund size, capital available after fees and expenses, initial checks, portfolio count and follow-on reserves belong in the same model. For example, 30 initial investments of $5 million require $150 million before reserves and costs. If “average check” instead includes follow-ons, say so to avoid counting that capital twice.
White Paper I finds a negative association between average capital deployed per company and IRR for emerging funds in the specified models, with a near-neutral relationship for established funds. The measure includes initial and follow-on capital. It does not establish an optimal entry check or predict the effect of changing one. Source: Colibrí Institute, Why Emerging Venture Capital Managers Matter (Moncada and Salas, 2026).
For a later fund, explain what the earlier experience confirmed, changed or left uncertain. An unchanged strategy can be a deliberate decision; support it with what the team learned rather than assuming that either continuity or change speaks for itself.
Source check recorded: September 18, 2026 (claim-scope review).
The study and supplied tables support the research statements above. The September 2026 editorial review clarified descriptive findings and their limits; it did not change the paper, rerun the data or validate a fund’s future returns.
Check your strategy documentation
Upload one document containing your investment strategy memo or your portfolio construction model. No signup required for your first result.
One PDF or DOCX, up to 15 MiB. Three successful free reads are shared across the library; no account is needed. This is an initial review, not an eligibility decision or a fund rating.
Perspectives by Colibrí Strategies: practical notes for GPs and the LPs who back them.
Opens Substack in a new tab, where you confirm the subscription.
Continue in this pillar
Also relevant
Upload the LP questionnaire and your current fund materials. Blueprint drafts what the evidence supports and flags what still needs your confirmation.