INVESTMENT ANALYSIS GUIDE

How to Write an Investment Committee Memo

An investment memo explains the opportunity, evidence, return, risk and decision in a traceable format.

What the analysis measures

State the transaction, asset, strategy, capital requirement and recommendation first. Separate facts, assumptions and unresolved diligence.

Summarize sources and uses, operating case, financing, valuation, returns and downside with links to the supporting model.

Name the few assumptions that drive the decision and show sensitivities or scenarios. Avoid presenting one precise forecast as certainty.

Conclude with risks, mitigants, conditions, governance and next steps. Every headline number should reconcile to the financial model.

CLEAR ANSWERS

What does “How to Write an Investment Committee Memo” explain?

An investment memo explains the opportunity, evidence, return, risk and decision in a traceable format.

Which assumptions matter most?

Review the inputs connected to investment committee memo, underwriting memo, investment analysis and test them together rather than one at a time.

Should I use a calculator or a full model?

Use a calculator for a fast screening result and a full model when timing, financing, operating detail and sensitivities affect the decision.

Can this guide replace professional advice?

It is educational and does not replace deal-specific investment, accounting, tax, legal or lending advice.

Are the linked tools free?

All calculators and guides are free. Full Excel models are priced individually and as a complete library.