12 LEVEL II LP Diligence The ILPA Institute Level II Module 3 is a highly interactive, case-based course designed to provide practitioners with advanced study of the practical techniques of implementing a portfolio construction framework. Topics include an overview of leading quantitative and qualitative diligence techniques, performance benchmarks and valuation methodologies for investment monitoring purposes. In addition, a co-investment and secondary transaction will be considered. The program will include discussions, lecture, practical case work and exercises, and participants will be equipped with select usable tools and takeaways. COURSE OVERVIEW Module 3 provides participants with an opportunity to discuss and examine the detailed roles and responsibilities of a limited partner practitioner while participating in a more rigorous application of particular methodologies and processes. Specifically, attendees are expected to gain hands-on practical training in return attribution deconstruction, reference checks, benchmarking and active ongoing portfolio management. LEVEL II - MODULE 3