SYSTEM AND METHOD FOR SHARING DILIGENCE INFORMATION RELATED TO AN INVESTMENT FUND

• US 20150269522A1
• Filed: 03/21/2014
• Published: 09/24/2015
• Est. Priority Date: 03/21/2014
• Status: Abandoned Application

• Current Assignee: ASPN Solutions, LLC
• Original Assignee: ASPN Solutions, LLC
• Inventors: TARRANT, Jeffrey
• Application Number:
  US14/222,315
• Publication Number:
  US 20150269522A1
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 10/10 Office automation; Time management

Abstract

A fund management system may facilitate sharing diligence information related to an investment fund with a client, a manager of another fund, a third party and/or other trusted party. The fund management system may enable one or more levels of restricted access to a fund and its associated documents. The fund management system may allow a fund manager, administrator, and/or other fund-level entity to restrict access to information about funds, information about a document of a fund, and/or other information. The fund management system may allow an author of a document to share the document with a trusted party, where that trusted party may have access to information about the document but may not be able to access the document itself. Responsive to an author sharing a document with a trusted party, the fund management system may share the documents of the trusted party with the author.

Claims

1. A computing system for investment fund management configured to facilitate sharing diligence information for a plurality of investment funds, comprising:

a non-transitory electronic storage device configured to store;

a first set of documents relating to a first investment fund managed by a first firm, the first set of documents including a first diligence document;

a first set of fund permissions used to control access to the first set of documents, the first set of fund permissions comprising;

a set of document type restrictions that indicates whether particular types of documents from among the first set of documents may be shared;

a first set of author permissions used to control access to a particular document from among the first set of documents based on an authorization from a given author of the particular document; and

one or more physical processors programmed with computer readable instructions to;

receive, from a user associated with the first firm, the first set of fund permissions to control access to the first set of documents;

receive, from a first author who authored the first diligence document and who is different from the user, the first set of author permissions to control access to the first diligence document, the first set of author permissions comprising a document restriction indicating whether the first diligence document may be shared, a first portion restriction indicating whether a first portion of the first diligence document may be shared, and a second portion restriction indicating whether a second portion of the first diligence document may be shared;

receive, from a first client, a request to access the information related to the first investment fund;

determine, from the first set of documents relating to the first investment fund, a first subset of documents to share with the first client based on the first set of fund permissions comprising the set of document type restrictions responsive to the request, wherein the first subset of documents includes the first diligence document;

output, for the first client, information relating to the first subset of documents;

receive, from the first client, a request to access the first diligence document;

determine, based on the first set of author permissions for the first diligence document, whether the first client has permission to access the first diligence document; and

responsive to a determination that the first client has permission to access the first diligence document based on the first set of author permissions, output, to the first client, the first diligence document.

2. The system of claim 1, wherein to output the first diligence document, the one or more processors are programmed with computer readable instructions to:

output a first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

prevent output of a second portion of the first diligence document to the first client based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.

3. The system of claim 1, wherein the one or more processors are programmed with computer readable instructions to:

add the first client to a fund user list associated with the first set of fund permissions;

add the first client to an author user list associated with the first set of author permissions;

receive information related to the set of author permissions for the first client; and

responsive to the information related to the first set of author permissions for the first client comprising a first portion restriction, adding the first client to a user list associated with the first portion restriction of the first set of author permissions for the first diligence document.

4. The system of claim 1, wherein the one or more processors are programmed with computer readable instructions to:

output, to a second client, information related to the first diligence document based on the first set of fund permissions for the first investment fund;

receive, from a second client, a request to access the first diligence document;

determine, based on the first set of author permissions for the first diligence document, whether the second client has permission to access the first diligence document; and

responsive to a determination that the second client has permission to access the first diligence document based on the first set of author permissions, output, to the second client, the first diligence document.

5. The system of claim 4, wherein to output the first diligence document, the one or more processors are programmed to:

output the first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

output the second portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.

6. The system of claim 1, wherein the one or more processors are programmed with computer readable instructions to:

facilitate access, for the first author, to a first set of client documents of the first client responsive to receiving the request to access information related to the first investment fund from the first client, the first set of client documents comprising a first client document.

7. The system of claim 6, wherein the one or more processors are programmed with computer readable instructions to:

output information related to a list of funds associated with the first author, the list of funds comprising the first investment fund and a second investment fund;

output information related to a list of shared documents, the shared documents comprising the first client document from the first set of client documents and a second diligence document of a second set of documents for the second investment fund shared with the first author by a second author of the second diligence document.

8. The system of claim 1, wherein the one or more processors are programmed with computer readable instructions to:

receive, from the first author, an identification of another user as a mentor; and

receive, from the mentor, one or more of feedback and a rating for the first author.

9. The system of claim 8, wherein the received rating for the first author comprises a rating of the first diligence document of the first author.

10. The system of claim 9, wherein the one or more processors are programmed with computer readable instructions to:

receive a second rating from a second user for the first diligence document;

aggregate the received ratings for the first diligence document; and

output, to the first author, information related to the aggregated received ratings.

12. The system of claim 1, wherein to determine whether the first client has permission to access the first diligence document, the one or more processors are programmed to:

determine whether an identification of the first client is included in a user list associated with the first set of author permissions for the first diligence document.

13. The system of claim 1, wherein to determine whether the first client has permission to access the first diligence document, the one or more processors are programmed to:

determine whether a user role of the first client is included in a user list associated with the first set of author permissions for the first diligence document.

11. (canceled)

14. A method for investment fund management configured to facilitate sharing diligence information for a plurality of investment funds, the method being implemented in a computer system comprising a non-transitory electronic storage device and one or more physical processors programmed with computer readable instructions, the method comprising:

storing, at the non-transitory electronic storage device, a first set of documents relating to a first investment fund managed by a first firm, the first set of documents including a first diligence document; and

storing, at the non-transitory electronic storage device, a first set of fund permissions used to control access to the first set of documents, the first set of fund permissions comprising;

a set of document type restrictions that indicates whether particular types of documents from among the first set of documents may be shared;

storing, at the non-transitory electronic storage device, a first set of author permissions used to control access to a particular document among the first set of documents based on an authorization from a given author of the particular document; and

receiving, by the one or more physical processors, from a user associated with the first firm, the first set of fund permissions to control access to the first set of documents;

receiving, by the one or more physical processors, from a first author who authored the first diligence document and who is different from the user, the first set of author permissions to control access to the first diligence document, the first set of author permissions comprising a document restriction indicating whether the first diligence document may be shared, a first portion restriction indicating whether a first portion of the first diligence document may be shared, and a second portion restriction indicating whether a second portion of the first diligence document may be shared;

receiving, by the one or more physical processors, from a first client, a request to access the information related to the first investment fund;

determining, by the one or more physical processors, from the first set of documents, a first subset of documents to share with the first client based on the first set of fund permissions comprising the set of document type restrictions responsive to the request, wherein the first subset of documents includes the first diligence document;

outputting, by the one or more physical processors, for the first client, information relating to the first subset of documents;

receiving, by the one or more physical processors, from the first client, a request to access the first diligence document;

determining, by the one or more physical processors, based on the first set of author permissions for the first diligence document, whether the first client has permission to access the first diligence document; and

responsive to a determination that the first client has permission to access the first diligence document based on the first set of author permissions, outputting, by the one or more physical processors, to the first client, the first diligence document.

15. The method of claim 14, wherein outputting the first diligence document to the first client comprises:

outputting, by the one or more physical processors, a first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

preventing, by the one or more physical processors, output of a second portion of the first diligence document to the first client based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.

16. The method of claim 14, further comprising:

adding, by the one or more physical processors, the first client to a fund user list associated with the first set of fund permissions;

adding, by the one or more physical processors, the first client to an author user list associated with the first set of author permissions;

receiving, by the one or more physical processors, information related to the set of author permissions for the first client; and

responsive to the information related to the set of author permissions for the first client comprising a first portion restriction, adding, by the one or more physical processors, the first client to a user list associated with the first portion restriction of the first set of author permissions for the first diligence document.

17. The method of claim 14, further comprising:

outputting, by the one or more physical processors, to a second client, information related to the first diligence document based on the first set of fund permissions for the first investment fund;

receiving, by the one or more physical processors, from a second client, a request to access the first diligence document;

determining, based on the first set of author permissions for the first diligence document, whether the second client has permission to access the first diligence document; and

responsive to a determination that the second client has permission to access the first diligence document based on the first set of author permissions, outputting, by the one or more physical processors, to the second client, the first diligence document.

18. The method of claim 17, wherein outputting the first diligence document to the second client comprises:

outputting, by the one or more physical processors, the first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

outputting, by the one or more physical processors, the second portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.

19. The method of claim 14, further comprising:

facilitating, by the one or more physical processors, access, for the first author, to a first set of client documents of the first client responsive to receiving the request to access information related to the first investment fund from the first client, the first set of client documents comprising a first client document.

20. The method of claim 19, further comprising:

outputting, by the one or more physical processors, information related to a list of funds associated with the first author, the list of funds comprising the first investment fund and a second investment fund;

outputting, by the one or more physical processors, information related to a list of shared documents, the shared documents comprising the first client document from the first set of client documents and a second diligence document of a second set of documents for the second investment fund shared with the first author by a second author of the second diligence document.

21. The method of claim 14, further comprising:

receiving, by the one or more physical processors, from the first author, an identification of another user as a mentor; and

receiving, by the one or more physical processors, from the mentor, one or more of feedback and a rating for the first author.

22. The method of claim 21, wherein the received rating for the first author comprises a rating of the first diligence document of the first author.

23. The method of claim 22, further comprising:

receiving, by the one or more physical processors, a second rating from a second user for the first diligence document;

aggregating, by the one or more physical processors, the received ratings for the first diligence document; and

outputting, by the one or more physical processors, to the first author, information related to the aggregated received ratings.

25. The method of claim 14, wherein determining whether the first client has permission to access the first diligence document comprises:

determining, by the one or more physical processors, whether an identification of the first client is included in a user list associated with the first set of author permissions for the first diligence document.

26. The method of claim 14, wherein determining whether the first client has permission to access the first diligence document comprises:

determining, by the one or more physical processors, whether a user role of the first client is included in a user list associated with the first set of author permissions for the first diligence document.

24. (canceled)

27. A computing system for investment fund management configured to facilitate sharing diligence information for a plurality of investment funds, comprising:

a non-transitory electronic storage device configured to store;

a first set of documents relating to a first investment fund managed by a first firm, the first set of documents including a first diligence document;

a first set of client documents associated with a first client; and

a first set of fund permissions used to provide multi-level access control of information related to the first investment fund, the first set of fund permissions comprising;

(i) a set of document type restrictions that indicates whether particular types of documents from among the first set of documents may be shared, and (ii) a set of author permissions that indicates whether a particular document from among the first set of documents has been authorized by a given author of the particular document to be shared; and

one or more physical processors programmed with computer readable instructions to;

receive, from a first author who authored the first diligence document, a first set of author permissions for the first diligence document, the first set of author permissions comprising a document restriction indicating whether the first diligence document may be shared, a first portion restriction indicating whether a first portion of the first diligence document may be shared, and a second portion restriction indicating whether a second portion of the first diligence document may be shared, wherein the first set of author permissions grants the first client access to the first diligence document;

responsive to receipt of the first set of author permissions, grant the first author with access to the first set of client documents in exchange for the access granted by the first author to the first client;

receive, from the first client, a request to access the information related to the first investment fund;

determine, from the first set of documents relating to the first investment fund, a first subset of documents to share with the first client based on the set of document type restrictions responsive to the request, wherein the first subset of documents includes the first diligence document;

output, for the first client, information relating to the first subset of documents;

receive, from the first client, a request to access the first diligence document; and

determine, based on the first set of author permissions for the first diligence document, whether the first client has permission to access the first diligence document.

28. The system of claim 27, wherein the one or more processors are programmed with computer readable instructions to:

output, to the first client, a first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

prevent output of a second portion of the first diligence document to the first client based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.

29. A method for investment fund management configured to facilitate sharing diligence information for a plurality of investment funds, the method being implemented in a computer system comprising a non-transitory electronic storage device and one or more physical processors programmed with computer readable instructions, the method comprising:

storing, at the non-transitory electronic storage device, a first set of documents relating to a first investment fund managed by a first firm, the first set of documents including a first diligence document;

storing, at the non-transitory electronic storage device, a first set of client documents associated with a first client; and

storing, at the non-transitory electronic storage device, a first set of fund permissions used to provide multi-level access control of the information related to the first investment fund, the first set of fund permissions comprising;

(i) a set of document type restrictions that indicates whether particular types of documents from among the first set of documents from among the first set of documents may be shared, and (ii) a set of author permissions that indicates whether a particular document among the first set of documents has been authorized by a given author of the particular document to be shared; and

receiving, by the one or more physical processors, from a first author who authored the first diligence document, a first set of author permissions for the first diligence document, the first set of author permissions comprising a document restriction indicating whether the first diligence document may be shared, a first portion restriction indicating whether a first portion of the first diligence document may be shared, and a second portion restriction indicating whether a second portion of the first diligence document may be shared, wherein the first set of author permissions grants the first client access to the first diligence document;

responsive to receipt of the first set of author permissions, granting, by the one or more physical processors, the first author with access to the first set of client documents in exchange for the access granted by the first author to the first client;

receiving, by the one or more physical processors, from the first client, a request to access the information related to the first investment fund;

determining, by the one or more physical processors, from the first set of documents relating to the first investment fund, a first subset of documents to share with the first client based on the set of document type restrictions responsive to the request, wherein the first subset of documents includes the first diligence document;

outputting, by the one or more physical processors, for the first client, information relating to the first subset of documents;

receiving, by the one or more physical processors, from the first client, a request to access the first diligence document; and

determining, by the one or more physical processors, based on the first set of author permissions for the first diligence document, whether the first client has permission to access the first diligence document.

30. The method of claim 29, further comprising:

outputting, by the one or more physical processors, to the first client, a first portion of the first diligence document based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document; and

preventing, by the one or more physical processors, output of a second portion of the first diligence document to the first client based on the first set of fund permissions for the first diligence document and the first set of author permissions for the first diligence document.