Subscribe Search

Moving mountains

by Alice Murray 25 June 2019

As private equity firms continue to grapple with mounting operational burdens, service providers are working out how to provide more succinct offerings.

One such organisation is Holland Mountain, a boutique management consultancy helping firms with technology and operations, which in recent months launched a new data services business line and announced it will be formalising vendor partnerships.

Discussing the recent developments, Holland Mountain CEO Barnaby Piggott explains: “Our core consultancy business is growing as private equity firms are realising the need to improve on people, process and technology.”

According to Piggott, more and more firms are accepting the idea of data as an asset. “As well as our primary offering of advising and consulting, we now have a data service business line to deliver robust data solutions.”

The new data offering: Holland Mountain Data Services (HMDS) is staffed by a team of data scientists who advise clients on data strategy, accelerate data warehousing initiatives and support data analytics, reporting and visualisation.

The team’s specially designed data platform is built to pull in information from core industry specific systems, including eFront and iLevel, and enables firms to analyse consolidated cubes of data. “By fully consolidating a firm’s information, managers are able to create one source of truth,” says Piggott.

As part of its core offering, Holland Mountain carries out operational reviews of private equity firms. Says Piggott: “We’re seeing firms starting to look closer at their operating models, especially if they’re thinking about moving into different strategies.”

Despite private equity’s growing popularity with institutional investors, and innovative expansions into new strategies and deal structures (such as co-investments, GP-leds, GP stake sales, minority deals and so on), the industry is lagging in terms of matching technology to its new layers of complexity. Thankfully, for those attempting to navigate the often daunting and labyrinthine world of technological advancement there is help at hand.

27 November 2019

The data journey waits for no one

Private equity’s data journey may only just be setting off, but like any expedition, packing the best equipment and selecting the right companions make reaching the final destination a lot more enjoyable

22 November 2019

AIFMD II: WTF? (What the fund, obvs)

Following a review of the AIFM Directive in 2017, where are we now, what has happened, will there be an AIFMD II?

18 November 2019

ESG Role Call

As LP demands on ESG continue to build, what types of skills and backgrounds should PE firms be looking for, and what does the role of ESG practitioner mean today?

15 November 2019

Views from the Summit

Highlights from two of the technical breakout sessions at this year's BVCA Summit in London

8 November 2019

Fund structures are so last season

As new waves of regulation continue to hit private equity, managers are quietly shifting to the peaceful waters of deal-by-deal investing

8 November 2019

Time to bite back

For too long operational leaders have been yes men, it's high time they became key men