GIIRS Fund Ratings Process:
Step 1: Complete a GIIRS Assessment
The first step in getting a GIIRS Ratings is taking a GIIRS Assessment, which looks at the impact of your fund (1) on all of its stakeholders. The standards change depending on your fund's target investment geography, the security type that you invest with, and your investing status. Completing the assessment usually takes about 60 to 90 minutes. Go »
GIIRS takes data confidentiality very seriously; Please click here to view more info.
Step 2: Submit your Fund for Approval
Before you can start uploading information about the investments in your fund, you need to first have a conversation with a GIIRS staff member. Click the "Submit Fund for Approval" button on your fund profile.
Step 3: Each investment in your fund completes the GIIRS Fund or Company Ratings Process
90% of your fund's rating is based on the rollup of the scores of the companies or funds your fund has invested in. In order for your fund to get a rating, each company in your fund's portfolio also needs to get a rating. You can ask investments which have already gotten a rating to give you access to their assessment information or ask investments that have not gotten rated yet to complete an assessment through the fund portal.
Step 4: Complete an Assessment Review
Funds can opt-in an additional review process and recieve a reviewed rating. Fund opting to receive a reviewed rating submit additional documentation for review by a third-party service provider.
Note: Deloitte & Touche has been retained as the preferred provider of document review services to assist GIIRS in its verification and rating process. In certain instances, GIIRS or another third-party will conduct documentation and on-site reviews.
Step 5: Make it Official & Get Your GIIRS Ratings Report!
Submit payment for your GIIRS rating and sign a term sheet.
Each fund will have a GIIRS representative assigned to it to assist portfolio companies/funds through the ratings process. We are happy to work with fund managers to determine the best process for working with each of the portfolio companies.
2013 Annual GIIRS Fund Pricing - Includes Analytics access and GIIRS Ratings for all portfolio companies
|Size of Fund||<15 Companies|
|<$50m Fund AUM||$3,500|
|$50-100m Fund AUM||$5,500|
|$100m+ Fund AUM||$7,500|
More than 15 companies: Additional $300/company (for companies with annual revenue <$50m)
Custom Metrics: $2,000
Incremental cost for GIIRS Reviewed Rating: +$1,000/company
Incremental cost for GIIRS On-Site Reviewing Rating: +$5,000/company
GIIRS Ratings for Companies
- GIIRS Rating = required assessment review
- GIIRS Reviewed Rating = required assessment review + 3rd party document verification + 10% randomly selected on-site visit
- GIIRS On-Site Reviewed Rating = above plus opt-in for on-site verification
For funds with over 25 actual or projected investments, please
for special sampling methodology pricing.
(1) GIIRS is best suited for ratings funds making equity and debt investments in companies. GIIRS is not currently a good fit for rating:
- Public mutual funds
- Venture philanthropy funds whose investments are predominantly in non-profits
- Funds that invest in real estate or commodity based products