Decision Provenance
The complete, traceable record of how and why an investment decision was made, including data inputs, scoring rationale, and committee votes.
Decision Provenance explained
Decision provenance is the chain from data to decision: what was known, what was assumed, who reviewed it, and how the committee voted. It is the difference between a fund that can explain its track record and one that can only report it. Provenance also makes post mortems useful, because the original case is preserved rather than remembered.
How it works in practice
- The memo, its inputs and the vote are stored as a single linked record.
- Assumptions are marked as assumptions and carried forward into monitoring.
- Later outcomes are attached to the original decision for review.
Common mistake
Storing the final memo only. Without the inputs and the dissent, the record cannot explain the decision.
Why it matters in private capital
Decision Provenance sits inside a chain of decisions that runs from sourcing through diligence, investment committee, portfolio monitoring and LP reporting. When each stage lives in a different tool, the evidence behind the decision is rebuilt at every handover. Keeping the concept on one record is what makes the fund able to explain, not just report, what it did.
How Reuben AI handles Decision Provenance
Reuben AI is one platform for the full private capital workflow. Deal intake and screening at /deal-flow-management, diligence and IC memos at /ic-memo-software, portfolio monitoring and LP reporting at /lp-reporting-software all read from the same record, so Decision Provenance does not need to be re-entered per tool. Pricing is at /pricing.
Frequently asked questions
What is Decision Provenance?
The complete, traceable record of how and why an investment decision was made, including data inputs, scoring rationale, and committee votes.
How does Decision Provenance work in practice?
Decision provenance is the chain from data to decision: what was known, what was assumed, who reviewed it, and how the committee voted. It is the difference between a fund that can explain its track record and one that can only report it. Provenance also makes post mortems useful, because the original case is preserved rather than remembered.
What is the most common mistake with Decision Provenance?
Storing the final memo only. Without the inputs and the dissent, the record cannot explain the decision.
How does Reuben AI handle Decision Provenance?
Reuben AI keeps Decision Provenance on the same record as sourcing, diligence, investment committee, portfolio monitoring and LP reporting, so the underlying evidence does not have to be rebuilt for each workflow.
Related terms
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