
Due Diligence Questionnaire template for Fund Administrators
This document introduces a standardized Due Diligence Questionnaire (“DDQ”) template developed by the LPEA Fund Administration Committee.
The initiative responds to the growing number of DDQ requests received by Fund Administrators and the resulting challenges caused by inconsistent formats, repetitive questions, and requests for excessive information.
The first template focuses specifically on DDQs performed by the Depositary function in relation to the Fund Administration of administered Alternative Investment Funds (AIFs). The proposed approach reflects both operational needs and practical market expectations.
