R360’s members can propose investment opportunities to the rest of the group, but each deal first goes to a four-person committee, which runs it through a process looking at 100 different factors, Garcia said. Then an outside firm, Conway Investment Research, conducts operational and financial due diligence. After that, the member proposing the deal can host a call.

https://www.bloomberg.com/news/articles/2021-10-22/super-rich-form-exclusive-club-r360-for-billionaires-high-net-worth-individuals?srnd=premium&sref=EcccZSTc