2020 in review: Full speed digital transformation

While most private equity firms had already embarked on their digital transformation journeys, 2020 was a major catalyst for reaching that destination.

As well as digitising almost every function, from investor relations to contract formation, over the past 12 months private equity firms also pushed on with their data strategies, as well as explored new ways in which to work with existing and emerging tech providers.

Catch up on some of our highlights here:

In a bid for more control, GPs have been asking fund administrators to work on their own systems rather than the administrator’s.

A recent webinar discussion, hosted by The Drawdown, reviewed the pressure put on operational leaders over the past months; from overseeing major changes in working conditions and environments, to managing increased information demands from investors.

Data is the here and now. So how do you actually use it and what steps can you take today?

In another webinar, hosted by The Drawdown, editor Alice Murray spoke to eVestment’s Katey Bogue about how private capital funds are harnessing data to improve operations and performance

As we move into 2021, private equity firms will undoubtedly continue to advance their tech and data strategies as we continue working in a hybrid manner, and, as LPs as well as regulators call for greater detail and granularity on all aspects of a fund’s activities, far beyond financial figures. We will continue to keep you updated with the latest insights and developments.