A draft in your screening template
The sections and field names follow the format your team already reviews. We agree the output format before building, using completed memos as examples of the standard.
AI investment memo workflows
A CIM arrives and your team needs a screening memo. Giantfish builds the extraction, drafting, and review steps around your firm's template, so each associate starts with the same process and the reviewer can trace the draft back to the documents.
Start with the screening memo
A screening memo helps your team decide whether a deal deserves more diligence. A full investment committee memo draws on work that comes later, including diligence findings, modeling, and the team's investment judgment.
Our starting offer covers the screen. We map the CIM and approved financials to your summary fields, make the supporting evidence easy to check, and collect unanswered questions for diligence. A broader IC memo workflow needs its own scope and source requirements.
For teams still comparing implementation priorities, see AI consulting for private credit.
deal-screen.xlsx · Sample deal (fictional)Draft · for analyst review
FieldDraftSource
Business overviewCommercial HVAC services, 14 branchesCIM p. 4
Adj. EBITDA$18.2M (LTM)QoE, tab 2
Customer concentrationTop customer is 11% of revenueCustomer file
Key risksTechnician retention, end-market cyclicalityCIM p. 18
What we build for your team
A figure ledger
Extracted figures sit beside their document, page, period, unit, and supporting quote. A reviewer checks those references against the source before the figures enter the approved memo.
Open questions and conflicts
Missing figures, unreadable tables, and disagreements between the executive summary and financial section go into an exception list. The draft keeps those gaps visible.
A review checklist and playbook
The checklist spells out what an associate checks, what needs a senior reviewer, and how to rerun the workflow. Training uses the same steps your team will use on a new deal.
Before building, we agree the approved documents, fields, output format, and review steps. Source references help a reviewer check the work; the references themselves also need verification.
How a memo workflow pilot works
1. Map a completed screen
Your associate walks us through the source files, the final screening memo, and the changes a reviewer requested. We identify the fields to extract and the judgments the team must supply.
2. Separate extraction from drafting
Build the figure ledger first, check the sources, then draft the narrative from the checked material. Keep financial arithmetic in a calculation method the team can verify.
3. Test the difficult examples
Use approved examples with conflicting EBITDA, an image-based table, or a missing period. Compare the drafts with completed work and revise the process based on the reviewers' feedback.
4. Teach the review process
The pilot includes five recorded training sessions, a playbook, and handoff. An associate learns how to run the workflow, check its output, and escalate an unresolved question.
Agree the quality standard before using a draft
We define the checks with the people who approve your memos. The pilot should make these questions easier to answer on completed examples and new deals.
- Does every material figure match its source, period, and unit?
- Are reported EBITDA, adjustments, and projected figures kept separate?
- Are missing information and conflicting figures visible?
- Does the narrative separate the seller's claims from the team's conclusions?
- Can the reviewer find and check the supporting pages?
- How much correction and review does the draft still need?
The investment team owns the recommendation. An AI draft can omit information or give an incorrect reference, so a person reviews it before it is used.
An implementation we can point to
For a U.S. private credit manager, we built a deal screening summary in the firm's Excel template and a diligence request workflow inside their AI account. The team tested the first version within three days and helped shape three further versions. The firm received a playbook and five recorded training sessions.
See the private credit engagement →For a walkthrough you can evaluate before an engagement, read how to draft a deal screening memo from a CIM. It includes a starting field list, extraction instructions, and the checks behind the process.
Questions before starting
Is this an investment memo software subscription?
This is an implementation engagement. We build around your firm's approved AI tools, templates, and review process. Your firm owns the workflow and handoff materials. Ongoing support is a separate stage if you want it.
Can we produce a full IC memo?
We can scope drafting support for the sections whose source material and review rules are clear. The screening pilot does not include a complete IC memo by default. Diligence conclusions, model assumptions, investment terms, and the final recommendation need the investment team's input and approval.
What do you need from us?
Your screening template, a handful of completed examples and their approved source documents, a workflow owner, one or two associates who do the work, and someone for access and IT. The first call can cover the process without sharing confidential files.
How long does it take and what does it cost?
The standard pilot is about five weeks for one workflow. Each stage has a fixed fee, quoted after we understand your requirements. The scope and price are agreed in writing before work starts.
Our guides cover confidential CIM handling and where AI needs extra checks in underwriting.
Discuss your screening memo process
Tell us which documents arrive, what your screening template contains, and where reviewers spend time correcting drafts. We will discuss whether that is a useful first workflow to build.
Book a 30-minute call