Define roles, approval points, segregation of duties, service levels, controls, escalation paths, and handoffs among investment teams, middle office, loan operations, fund accounting, custody, external administrators, agents, trustees, and counterparties. Define requirements for facility and security setup, commitment and unfunded balance tracking, drawdowns, paydowns, amortization, interest and fee accruals, rate resets, payment-in-kind activity, amendments, restructurings, covenant events, and distressed asset processing.