Accolade conducts rigorous due diligence on all potential investment opportunities, and is considered by many within the venture capital and growth equity community as one of the most thorough investors. Accolade devotes substantial effort to researching new managers. The firm often initiates dialogue and informal due diligence with prospective managers years ahead of committing capital. As a general rule, target managers must have a successful track record, experience working together as a team and a proven investment strategy. Accolade believes that its deep domain expertise, particularly in the areas of information technology and healthcare, enables it to make sound asset allocation decisions. Accolade possesses a fundamental understanding of growth companies, which assists it in scrutinizing managers and investment strategies objectively and effectively.