Platform / Investor DDQ

The DDQ Agent. LP due diligence, answered in a single sitting.

Upload an ILPA, Albourne, or custom LP DDQ. The agent reads every question, drafts cited answers from your fund operating documents, financials, and compliance program, and routes each section to the right reviewer. Your fund operations team finalizes — fast.

150 AI answers / mo free · No credit card · Upgrade anytime
DDQ
ILPA DDQ — Pension Fund LP
143 questions · 8 sections
AI Complete
118 / 143 auto-drafted Avg confidence 93%
Describe your firm's compliance program and chief compliance officer.
Compliance program established 2018, CCO is John Smith (CFA, 14 years industry experience). Annual program review, quarterly testing, and independent third-party assessment by Optima Partners.
Compliance Manual v3.2 · §1
96%
Has the firm or any of its principals been subject to regulatory enforcement actions?
No enforcement actions, sanctions, or settlements in the firm's history or against any current principal. Last regulatory exam concluded in 2024 with no findings.
Form ADV · Part 2 · §9
98%
Provide audited financial statements for the past three years.
FY2023 and FY2024 audited statements available. FY2025 audit in progress with Deloitte — needs CFO confirmation on delivery date.
Fund admin records · status pending
71%
500+Q
ILPA DDQs
parsed and drafted
8core
Sections per DDQ
auto-routed
1
Agent across
all response workflows
100%
Source-cited
responses
§ 01 — Features

Built for the way fund operations teams actually work.

Not a general-purpose drafting tool. A DDQ-specific agent with the section routing, template support, and audit trail your fund operations team needs to ship LP responses with confidence.

AI
01

AI-drafted DDQ responses

Targhee parses every section of an LP DDQ — firm background, investment process, operations, compliance, ESG, financials, references — and drafts each from your fund operating documents.

TP
02

ILPA, Albourne & custom templates

Industry-standard DDQ templates supported out of the box. Custom LP templates parsed automatically and mapped to your existing answer library.

03

Per-LP response versioning

Each LP relationship gets its own response history. The pension fund's DDQ from last year is one click away when they send the annual update — see what changed.

04

Operational + financial DDQ support

Both flavors. Operational DDQs covering compliance, technology, and BCP. Financial DDQs covering performance, fees, and audited financials. Same agent, both corpuses.

%
05

Confidence scoring

Every drafted answer gets a confidence score. High-confidence sections are bulk-approvable. Anything with material LP implications — performance claims, fee disclosures, regulatory matters — surfaces for CFO/CCO review.

06

Human approval workflow

Nothing ships without explicit approval. Full audit trail on every answer, every edit, every section sign-off — for fund admin records and SEC examinations.

§ 02 — Under the hood

Every answer, tied to the fund record.

No hallucinations. No "the AI just said so." Every response is generated from your fund operating documents, compliance manual, and audited financials — with direct citations your CFO, CCO, and the LP's analyst can all verify.

Source citations

Traceable to the exact fund document, section, and version.

When Targhee drafts a DDQ answer, it cites the specific operating doc, compliance section, or financial statement it drew from. Hover any citation to see the exact passage. Your fund operations team — and the LP's analyst — can verify any claim in seconds.

  • Quotes highlighted in source docs with version stamps
  • Multiple sources stacked for cross-referenced questions
  • Stale-source warnings when financials or policies age out
  • Export citations with the final DDQ response — useful for SEC exam preparation
Answer with citations
96%
Question Describe the firm's BSA/AML program and frequency of independent testing.
The firm maintains a written BSA/AML compliance program approved annually by the board. The CCO oversees day-to-day implementation. Independent third-party testing is conducted annually by Optima Partners. Last test concluded in October 2025 with no material findings.
CM
Compliance Manual v3.2
§4.1 · pg 18
AD
Form ADV Part 2
§11 · pg 22
IT
Optima Independent Test 2025
Exec Summary
Per-LP versioning

The LP's annual update? One click away.

Most LP DDQs are annual. The hardest part isn't answering — it's remembering what you told them last year and updating only what changed. Targhee keeps a per-LP response history. When the pension fund sends this year's DDQ, you see exactly what changed from last year — performance updates, new sub-advisors, fee adjustments — and reuse everything else.

  • Per-LP response archive with year-over-year diffs
  • Smart updates — only fields that changed get re-drafted
  • Side-by-side prior response when an LP-specific clarification is needed
  • Full audit trail of who approved what, when
LP relationships
14 LPs · per-LP archives
✓ State Pension Fund A
Annual · due Mar 15
3 years of prior responses on file. 18 of 143 questions changed since last year — flagged for review.
→ 125 carry forward · 18 needs update
✓ University Endowment
Annual · due Apr 30
2 prior responses. Operational DDQ format, mostly stable year over year.
→ 98 carry forward · 7 needs update
! New Family Office LP
First-time · due Feb 28
No prior responses. Custom DDQ template. Full draft required.
→ 167 questions · full draft mode
Fund knowledge base

Your fund documents become your DDQ engine.

Upload your Form ADV, compliance manual, audited financials, fund admin reports, BCP plan, ESG policy, and past DDQ responses. Targhee indexes everything and builds a living knowledge base. Every approved DDQ answer gets added. The 20th LP's DDQ takes a fraction of the time of the first.

  • Form ADV, compliance manual, audited financials, fund admin docs
  • Past DDQ responses indexed with LP context
  • Stale-document alerts when financials or policies age out
  • Restricted access — CFO/CCO control who can see sensitive sections
Fund Knowledge Base
43 docs · 2,847 Q&A pairs indexed
AD
Form ADV Part 2A & 2B
Updated Mar 2025 · 412 Q&A pairs
Active
CM
Compliance Manual v3.2
Updated Nov 2025 · 538 Q&A pairs
Active
AF
Audited Financials FY2024
Deloitte · issued Apr 2025
Active
BC
Business Continuity Plan
⚠ 13 months old · refresh recommended
Stale
§ 03 — Format support

Whatever your LP sends. We handle it.

No reformatting. No copy-paste between tools. The DDQ arrives in one format and leaves in the same format — sectioned, drafted, cited, ready for CFO sign-off.

XLS
Excel Matrices
The most common LP DDQ format. Albourne and ILPA spreadsheets parsed, answered, and exported in place.
DOC
Word DDQ Templates
LP-specific custom Word templates with sections, tables, embedded fields. Parsed and answered in original layout.
PDF
PDF DDQs
Flat or fillable PDFs from LPs and consultants. Questions extracted, sections detected, responses exported as matching PDF or Word.
WEB
LP Portals
Paste the link. Targhee handles ILPA's portal, Albourne, eVestment, and other LP/consultant data rooms directly.
API
Custom & API
Custom LP formats and internal fund admin integrations. Contact us for setup.
LP & consultant platforms supported
ILPA Albourne eVestment Preqin PitchBook Cambridge Associates
§ 04 — The full platform

Same agent, other workflows.

Funds that handle LP DDQs often handle vendor security questionnaires too — every time you onboard a new fund admin, prime broker, or technology vendor, you're filling out a SOC 2 questionnaire on their side. Same agent, same knowledge base, different document.

§ 05 — Questions

What fund operations teams always ask.

If it's not here, ask on a demo.

We'll answer anything live — and run Targhee against your real DDQ template and fund docs so you can see exactly how it performs on your materials.

Book a demo →
Yes. ILPA Standard DDQ and Albourne templates are supported with section detection mapped to your fund knowledge base. Custom LP templates (one-off templates from individual LPs or consultants) are parsed automatically and mapped to existing answers — the more LP templates you process, the better the mapping gets.
All fund data is processed in an isolated VPC environment. Audited financials, fee structures, performance data, and LP-specific information never train third-party models and are never accessible to other customers. We're SOC 2 Type II and ISO 27001 compliant. Role-based access controls let CFOs and CCOs restrict who on the team can see specific sections (e.g., principal compensation, side letters). Enterprise customers can deploy into a private cloud with dedicated infrastructure.
Start with the essentials: Form ADV (Part 2A and 2B), compliance manual, audited financial statements, fund admin reports, BCP/DR plan, ESG/sustainability policy, and any past DDQ responses you've already filled out. Most fund operations teams have 95% of their first DDQ pre-populated within a single afternoon of uploads.
Yes. Operational due diligence questionnaires from pension funds, endowments, and consultants are supported. ODDs typically focus on compliance program, technology, BCP, valuation policy, and cash controls — Targhee maps these to your compliance manual, IT documentation, and fund admin records. Financial DDQs covering performance, fees, and audited financials are also supported.
Targhee only generates answers grounded in your source documents. Performance data is pulled from audited financials and fund admin reports; compliance claims from your compliance manual and Form ADV. If a question has no source-document answer, the agent flags it for the CCO or CFO rather than fabricating a response. Every numerical claim is cited to its specific source document and section — easy to verify before any LP sees it.
When an LP sends an annual update, Targhee pulls last year's responses and shows you exactly what changed in this year's questions and which fields need updating. Most fields carry forward automatically; only fields where the underlying fund data has changed (new sub-advisors, updated performance, fee adjustments) require re-drafting. Side-by-side year-over-year view lets you check consistency before submission.

See it draft your real DDQ.

Sign up free and upload an LP DDQ your fund is currently working on — no sales call required. Or book a 20-minute demo and we'll run a real DDQ from your pipeline live, on your actual fund docs.

150 AI answers / mo free · No credit card · Upgrade anytime