ODD: social media increasingly important
According to a new report, more than a quarter (29%) of private equity LPs now use social media as part of their due diligence on potential investee funds.
Brackendale Consulting’s Private Equity Social Media LP Sentiment Survey 2021 sought to explore how LPs use of social media has changed since the pandemic, in light of the lack of access to traditional meetings.
Profile:
Categories: NewsFundraising & fund structuringODD / DDQTechnologyTech providers
More from The Drawdown
16 April 2024
Chronograph launches Chrono AI
The tool will assists LPs with portfolio monitoring and analysis
16 April 2024
Ark launches automated fund accounting solution
The cloud-based technology supports fund administrators and GPs with fund operations and investor relations
16 April 2024
NLC appoints non-exec director and CTO
Investec co-founder Bernard Kantor and ex-Meta Kresimir Slugan join the independent non-bank lender, respectively
16 April 2024
WTW launches PE LTAF
Insurance company’s DC pension schemes trust among allocators; initial commitments before launch sit at £450m
15 April 2024
EFRAG approves double-materiality guidelines
ESRS FAQ has been updated to explain when mitigating actions are considered, among other updates
12 April 2024
Manaos and SESAMm team up
Partnership to provide ESG controversies data for LPs, asset managers and private equity firms