Our Services
At Chrysalid, we help overstretched non-profits enhance the oversight and effectiveness of their investment programs through independent evaluations based on institutional standards anchored by 18+ years of experience. We offer the following project-based services:
Investment Policy Statement Development & Review
An IPS is an evolving document that should be updated as your investment program evolves and as new investment sub-asset classes and risks emerge.
Has your organization had or are you anticipating one of the following?
- A significant change in the Investment Committee.
- A change in your organization’s strategy that could have a ripple effect on investment program objectives.
- 3 to 5 years without an Investment Policy Statement review
If so, Chrysalid can help by conducting an independent review of your Investment Policy Statement.
Our Investment Policy Statement Development & Review service includes:
- Interview Investment Committee or Board to understand the organization’s broader mission and the role of the investment program.
- Understand the current financial landscape and future plans including financial commitments, liquidity and spending policy, and contributions.
- Evaluation encompassing all necessary components for an effective IPS, including but not limited to:
- Whether existing guidelines align with the mission and institutional best practices.
- Whether Roles & Responsibilities, Objectives, Asset allocation, Rebalancing, Liquidity & Spending Policies, Risk Management & Monitoring and any other components specific to your circumstances are clearly articulated.
Comprehensive Investment Program Review
Our Comprehensive Investment Program Review service includes:
- Evaluation of the program’s current design relative to peers or industry best practices.
- Appraisal of the current portfolio relative to peers or industry best practices.
- Assessment of the current investment manager line-up.
- Written report with observations and recommendations for the program where appropriate.
RFP Management
Developing an RFP and/or managing a provider search can be a daunting task. As an independent provider, Chrysalid partners with non-profit staff and Search Committees to develop tailored RFPs and manage provider searches.
Our RFP Management services include:
Manager RFP Management (Single Asset/Sub-Asset class)
- Discovery process for organizational background and to understand search objectives in the context of the overall investment portfolio.
- Development of RFP (for one asset or sub-asset class) tailored to your specific search objectives
- Manager Screening
- RFP Distribution
- Proposal Summary Analysis Report
- Moderation and facilitation of manager presentations and selection meetings
- Fee, mandate negotiation
- Executive summary of RFP/Search Process and outcome
Service Provider (Non-Advisor) RFP Management
- Discovery process for organizational background and understanding search objectives
- RFP development for a service provider other than an advisor
- Proposal Summary Analysis Report
- Moderation and facilitation of candidate presentations and selection meetings
- Fee and/or service negotiation
- Executive summary of RFP/Search Process and outcome
Client Directed Manager Due Diligence
Whether you are reassessing the role of an incumbent investment manager or require an evaluation of the appropriateness and fit of a prospective manager, our independent, client-centric, and comprehensive due diligence process is designed to yield valuable insights that facilitate informed decision-making.
Our Client Directed Manager Due Diligence service includes:
- Information gathering session
- Development of Manager Request for Information (RFI)
- Manager due diligence meeting (virtual)
- Manager Due Diligence Report incorporating qualitative and quantitative analysis
