How To Build An Investment Memo

A strong investment memo does more than summarize a company. It shows how an investor thinks: what matters, what does not, what must be true for the investment to work, and where the downside could break the thesis. In this livestream, we will break down how to structure and write an investment memo that demonstrates judgment rather than simply repeating information from a data room, CIM, management presentation, or case prompt. You will learn how to: - Identify the central underwriting question - Structure an investment memo around the decision that needs to be made - Summarize the business model and revenue drivers clearly - Evaluate market attractiveness and competitive positioning - Separate investment merits from assumptions that still need to be proven - Identify the most important risks and downside scenarios - Assess management and organizational considerations - Frame valuation and returns without letting the model overwhelm the investment case - Develop credible value-creation opportunities - Define what must be true for the investment to work - Write a clear invest / pass / continue-diligence recommendation - Prioritize the information an Investment Committee actually needs The session will include a practical memo structure, examples of weak versus strong investment writing, and guidance on how to turn analysis into a concise, defensible investment view. This session is particularly relevant for candidates preparing for PE case studies, investment memos, take-home assignments, or interviews where they are expected to present and defend an investment recommendation.