Cost of meeting LP data demands: $5.5bn
According to a new report, private capital funds will need to spend a collective $5.5bn to meet LPs’ growing demands for real-time data over the next five years.
Intertrust Group’s The future private capital CFO: Evolving in a digital age report found that the majority (64%) of CFOs expect their investors to want daily/live updates on ESG, while 50% expect their LPs to require frequent updates on operational service level agreements.
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