Allocator Scorecard: A due diligence rubric for “mobility-ready” deals

Why this scorecard exists

IRR projections break when banking rails fail, when UBO is unclear, when FX rules tighten, or when enforcement is slow. Use the scorecard to identify what is fatal vs improvable.

Scorecard sections (example, 100 points total)

1) Banking and rails (20)

• Active accounts and history (5)
• KYC hygiene and pack ready (5)
• Correspondent comfort signals (5)
• Multi-rail redundancy (5)

2) Legal enforceability (15)

• Arbitration clause quality (5)
• Jurisdiction and enforcement memo (5)
• Security perfection realism (5)

3) Governance (20)

• UBO clarity (5)
• Board controls and reserved matters (5)
• Audits and cadence (5)
• Policy stack implemented (5)

4) Cash flow quality (15)

• Hard-currency revenue share (7)
• Customer concentration and collections (8)

5) FX and repatriation plan (15)

• Documented transfer path (7)
• Buffer liquidity and staging plan (8)

6) Reporting discipline (15)

• Monthly reporting pack (8)
• Audit timeline and data room hygiene (7)

Weighting logic

• “Fatal” items: UBO ambiguity, no cash visibility, no workable transfer path.
• “Improvable” items: audit path, reporting cadence, bank redundancy.

Example scoring walkthrough (fictionalized)

• Strong export receipts and offshore collections: +14
• Weak board controls and signatory clarity: -8
• Transfer plan documented but dependent on a single bank: -6Result: investable with conditions, not at market pricing.

Key data anchors

• IMF AREAER: baseline map for exchange restrictions and FX regimes.
• De-risking research: correspondent banking friction impacts cross-border activity.
• NY Convention framework for recognition and enforcement of arbitral awards.

Execution steps

1. Score every deal before IC discussion.
2. Require documentary evidence for each line item.
3. Convert low scores into closing conditions and covenants.
4. Track score changes over time as a portfolio KPI.