LPs use personality tests as part of GP due diligence

private equity, psychology, personality testing
Surfer Joao Demacedo heads to a surfing spot at Martin's Beach, a popular surfing and fishing spot, in Half Moon Bay, California March 14, 2013. The tiny beach south of San Francisco has become the latest in a series of clashes over technology titans' property, underscoring the tendency of Silicon Valley movers and shakers to try to impose their influence beyond their offices and onto their neighbors. Photo courtesy REUTERS/Robert Galbraith - RTR3F043
Every year institutional investors sift through scores of existing and new private equity funds to engage and select potential managers. The usual steps include reference checks, team background and bios, team attrition, track record and fund strategy. All are important ...

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