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Playbook is a powerful feature that allows users to:
  1. Formalize their investment thesis — Make better decisions over time with clearly defined criteria
  2. Simulate counterparty preferences — Understand prospects’ or counterparties’ investment preferences and simulate their possible actions
Playbooks can be updated as you analyze more deals. In future versions of Apers, Playbooks will be able to improve automatically.

Creating a Playbook

1

Navigate to Playbook

Click Playbook from the left side panel.
2

Create a new Playbook

Click “Create New Playbook” to begin.
3

Choose your mode

Select either Express Mode or Precision Mode.

Playbook Modes

Express ModePrecision Mode
Best forQuick setupDetailed, sophisticated criteria
How it worksDescribe your goals, preferences, or paste your investment policy statementManually configure all investment criteria
OutputApers constructs the Playbook for youFull control over every parameter

Configuring Your Playbook (Precision Mode)

In Precision Mode, you can define the following:
Investment Thesis
section
Define your strategy name (can differ from fund mandate), asset classes, and strategies.
Playbook Status
section
Set the status of your Playbook:
  • Draft — Work in progress
  • Active — Ready to use
  • Inactive — Archived or paused
Target Criteria
section
Specify asset classes, property type, strategy, and target geography (e.g., US Sun Belt markets with strong population growth).
Investment Objectives
section
Define objectives such as IRR, DSCR, and other performance criteria.
Quantitative Criteria
section
Set must-pass criteria (e.g., deal size) and return targets (e.g., IRR must be more than 15%).

Using Playbook with Deals

1

Navigate to a Deal

Open the Deal you want to analyze.
2

Run Playbook

Click the “Run Playbook” button.
3

Select your investment thesis

Choose the Playbook you want to apply to this Deal.
4

Confirm attachment

A green dot will appear on the “Run Playbook” button, indicating the Playbook is active.
Once a Playbook is attached, all interactions within the Deal leverage your investment criteria behind the scenes — no matter which subchat you are operating in.
Last modified on January 25, 2026