Why paper due diligence won’t work in Asia

Author: | Published: 16 Mar 2010

Paper due diligence is pointless on Asian private equity targets. Old-fashioned interviewing techniques and thorough site visits are the only way of getting comfortable with potential portfolio companies, according to speakers at Asialaw’s In-House Forum today.

“It’s not about what you can find in paper due diligence, because you won’t see anything by looking at the accounts,” said Scott Lane, chief executive officer of Red...