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Does GRA select investment managers?

No. GRA does not select, recommend, rank, rate, approve, endorse, shortlist, or validate investment managers. 

GRA does not provide manager selection advice, consultant ratings, due diligence opinions, track-record validation, operational due diligence, fund scoring, benchmark comparison, or mandate recommendations. 

An investment manager, asset manager, private equity firm, infrastructure manager, venture firm, real-assets manager, hedge fund, development finance vehicle, family office adviser, or fund sponsor may participate in GRA-related pathways only within defined boundaries. Their participation does not mean they are recommended by GRA. 

Likewise, if an institutional fund, pension fund, endowment, sovereign fund, or foundation participates in GRA, that does not mean GRA is advising them on manager selection. 

GRA may help identify systemic-risk issues that asset owners and managers may need to understand. It does not decide who should manage capital. 

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