https://aubjfa.com/writing Notes on fund operations, financial controls, and governance for emerging managers and family offices. en-us https://aubjfa.com/writing/operational-due-diligence-first-fund https://aubjfa.com/writing/operational-due-diligence-first-fund Wed, 09 Sep 2026 00:00:00 GMT The operational questions an LP asks before committing to a first-time manager, and the gaps that most often stall a close.