Deal Memory and Outcomes
Track investment decisions and outcomes so past experience informs future analysis.
What deal memory records
Deal memory records the results of past investment decisions: what you acquired, passed on, and why. These records feed back into Firm DNA synthesis and surface as context in deal analysis and IC memo drafts.
Deal Outcomes
Each deal outcome captures the terminal state of an investment evaluation and the reasoning behind it.
| Outcome | Meaning |
|---|---|
acquired | Deal closed. Underwriting assumptions at the time of decision are locked and preserved. |
passed | Reviewed but not pursued. Pass rationale is captured as a draft pattern for review. |
killed | Advanced into diligence but terminated by the IC. Reason is recorded with a reference to the IC memo. |
lost | Submitted an offer but the deal was awarded to another buyer. |
Outcome records carry the exact governed source of the judgment: IC memo ID, release version, and the specific review decisions that were resolved at the time of the decision. This provenance prevents fabricated or reconstructed history.
Notebook Entries
Notebook entries are structured notes on specific aspects of a deal. EQUIRE creates them automatically when IC decisions are recorded. Org members can also add entries manually from the Institutional Memory panel on the deal overview page.
Types of notebook entries:
- decision: Records the IC go/no-go with rationale and conditions
- insight: Captures a market, property, or sponsor observation for future reference
- assumption: Documents a key underwriting assumption and the evidence behind it
Notebook entries are sourced to a specific document, IC memo, or user action. They are not LLM summaries; they carry citations that can be audited.
How Memory Accumulates
- IC memo approvals create deal outcomes with recorded underwriting assumptions
- IC memo rejections create draft patterns capturing the pass rationale
- Historical Ingestion extracts knowledge from past IC memos in batches
- Org admins and members can add manual notebook entries from the deal overview
All AI-generated patterns start as draft and require explicit review before they influence AI responses. No knowledge enters the active context without a human approval step.
Viewing Institutional Memory on a Deal
The Institutional Memory panel appears on every deal overview page. It surfaces:
- Firm DNA facets relevant to the current deal's asset type and market
- Precedent deals with similar profiles and how they were decided
- Recurring IC questions raised on comparable past deals
The panel is read-only. It does not write memory; it consumes what has been reviewed and approved in the Context Vault.
Privacy and Access
All memory is scoped to your organization. No patterns, outcomes, or notebook entries are shared across organizations.
- Org admins: can create patterns, run synthesis, review or reject draft patterns, and trigger Historical Ingestion
- All members: can view the Institutional Memory panel on deal overview pages and reference memory in AI-assisted chat
Related
- Context Vault — pattern governance and Firm DNA synthesis.
- IC Memo — the workflow that generates IC decisions and feeds memory automatically.
- Data isolation — tenant boundaries that scope memory to your organization.
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