Outsourcing
3 December 2021
Aztec and Worldfavor launch ESG & sustainability alliance
The alliance aims to enable private market managers with a better understanding of the impact of their own business operations and their portfolios in relation to ESG factors
1 December 2021
CVC pulls out of €1.63bn Intertrust takeover
The firm has announced it is no longer in discussions with Intertrust about the offer or its potential merge with TMF Group
29 November 2021
Citco adds scenario modelling to waterfall tool
The enhancement enables users to customise and calculate forward-looking investor distributions and carried interest scenarios
29 November 2021
LPs prefer outsourcing
SS&C Intralinks' 2022 LP survey found that 38% of institutional investors surveyed prefer a manager to use a fund administrator
25 November 2021
European Commission puts AIFMD and ELTIF under review
The legislative proposals adopted include clarification on delegation rules
25 November 2021
Alter Domus invests €50m in European operations
The capital will be used to expand operations in Ireland and fund newly launched operations in Lithuania, as well as a digital agenda to improve its technology stack
25 November 2021
Comment: Alternative managers challenged to build virtual fort knoxes
The cash-in, cash-out nature of fund management requires sophisticated cyber controls, write Jeremy Slade and Don Jefferis of Hazeltree
24 November 2021
Aztec adopts Fenergo for onboarding
Fenergo enables Aztec to onboard investors faster and improve the user, client and investor experience
18 November 2021
Bridge Alternatives launches outsourced CFO business
Along with the new business line, Bridge Alternatives has hired Kyle Fields from SS&C as CFO
18 November 2021
Allvue partners with SteelBridge
The partnership will see SteelBridge assist Allvue’s clients with planning, data migration, implementation, data aggregation and post implementation of Allvue’s newly-launched PE and VC essentials platform
16 November 2021
IQ-EQ acquires Greyline
Greyline provides regulatory compliance, management consulting and governance, outsourced operations and middle office services to its clients
15 November 2021
DLA Piper launches end-to-end funds practice
The division aims to provide a one-stop shop for asset managers, investment fund sponsors and investors across all industry sectors, geographies, asset classes and investment strategies
12 November 2021
SBTi publishes guidance to combat climate change
The guidance aims to define and promote best practice in science-based setting, in order for PE firms to align their portfolios and operations to well below 2°C and 1.5°C climate scenarios
10 November 2021
Alter Domus partners with Canoe
The partnership provides clients with alternative data management solutions
10 November 2021
5 minutes with… Rory Smith, Brickfield
Founder of Brickfield Recruitment, Rory Smith, discusses his journey into fund finance and why it’s such a special market to work in
8 November 2021
Apex partners with Governance.com
Governance.com provides automated solutions for client lifecycle management, corporate governance, risk management, compliance and other digital ops
8 November 2021
Cyber psychology
With cyber attacks increasing, the matter can no longer be an IT problem. It's time for private equity to see cyber threats as a major business risk, and with that, human behaviour needs to be front and centre.
1 November 2021
Data is king (even when it comes to fund domiciles)
Common standards would enable decent data governance, which would do away with skills and talent challenges the fund administration market is suffering from
1 November 2021
Intertrust launches ESG data solution
The solution aims to help GPs meet ongoing, critical ESG demands by providing an integrated approach to collecting and analysing ESG data, while managing ESG risk in portfolios
28 October 2021
InCloudCounsel secures $200m Series B
The contract automation company has also rebranded to Ontra
27 October 2021
Blockchain and big data most important future tech tools
Intertrust Group’s latest report found 46% of respondents cited blockchain/DLT as the most important tech tool for private capital funds over the next five years
25 October 2021
The rise of the cross-border transaction
Reed Smith partners Stephen Mooney and Sam Webster detail the latest evolution in the way funds operate and structure deals
18 October 2021
GP transparency and tech: room for improvement
According to SS&C Intralinks' survey, 69% of LPs were ‘moderately satisfied’ with the technology capabilities of the GPs they currently invest with
18 October 2021
LISTEN: Private debt’s next stage of maturity
Direct lending has come a long way in a short period of time
13 October 2021
INDOS secures Irish depositary licence
The firm received the licence from the Central Bank of Ireland
13 October 2021
LPs paying more for administrative costs
25% of LPs are being charged separately for expenses such as in-house legal, accounting and computer software
12 October 2021
Broadridge launches AI-powered AML solution
Machine-learning-based solution is for financial services firms that want to enhance their AML surveillance to detect illicit money flows and bad actors
11 October 2021
Fund domiciles in 2021: UK
Key facts and figures relating to why the UK is an emerging domicile
11 October 2021
Fund domiciles in 2021: Malta & Cyprus
Key facts and figures relating to why Malta and Cyprus are domiciles of choice for small and emerging managers
11 October 2021
Profile: Sam Marsh, Alpha
The senior partner discusses the firm's newly-launched alternative banking solution, aimed at bringing efficiencies when setting up bank accounts and SPVs
7 October 2021
LISTEN: The Drawdown speaks to Private Equity Technology Podcast
Alice Murray, editor of The Drawdown, speaks to Lisa Weaver-Lambert and Alex Agran of the Private Equity Technology Podcast
7 October 2021
Fund domiciles in 2021: Cayman Islands
Key facts and figures relating to why Cayman Islands is a well-regarded domicile
7 October 2021
Fund domiciles in 2021: Guernsey
Key facts and figures relating to why Guernsey is considered a highly innovative domicile
7 October 2021
Fund domiciles in 2021: Jersey
Key facts and figures relating to why Jersey is a fast and flexible domicile
7 October 2021
Emerging managers: considerations for selecting your fund domicile
Launching a new fund is no easy task; don't let fund domicile selection add to the complexity
7 October 2021
Crestbridge names chief risk officer
Siân Dalrymple takes over the role from Nadia Lewis, who moves to IQ-EQ as head of risk and compliance
6 October 2021
AssetMetrix opens office in Luxembourg
The company has hired Alexander Wedlich to head up the new office
4 October 2021
Fund domiciles in 2021: The Netherlands
The Netherlands is an important centre for pension funds and offers a light regime for smaller GPs
4 October 2021
Fund domiciles in 2021: Ireland
Ireland is a domicile to watch thanks to its recent Investment Limited Partnerships reform
4 October 2021
Fund domiciles in 2021: Luxembourg
Luxembourg is a tried and tested domicile, popular with LPs, but concerns are mounting over skills and talent levels
4 October 2021
Shifting sands: the domicile dichotomy
On the surface, selecting a fund domicile is largely about catering to investor needs, however, just as the private capital fund space is ever-changing, fund jurisdictions are ever-evolving and appearances can be deceiving
30 September 2021
Only 50% of GPs measuring carbon footprint
According to Apex research, 81% of GPs agreed they and their portfolio companies should take more responsibility for their carbon footprint
30 September 2021
Taxation of partners: Changes expected
Alex Conway of Crowe UK details expected changes as to how partners will be taxed following the government’s current consultation
29 September 2021
Alpha FX launches alternative banking platform
Solution allows GPs to open overseas bank accounts in less than a week
27 September 2021
RFA launches Application Lifecycle Management
The tool provides an additional step that performs a static code of analysis against security vulnerabilities during the build process
27 September 2021
Profile: Hina Ahmad, Capital Dynamics
The COO discusses moving from the legal and compliance team to her current role, how the team has leveraged technology to keep up with rapid growth, as well as plans for evolving the firm's pandemic sub-committees
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
23 September 2021
CSC secures Luxembourg licences
In addition, CSC hired Pierre Mifsud as MD for depositary services, and Yves Cheret as MD for fund admin
23 September 2021
Sanne appoints PE director in Jersey
Laura Hazzard leads client company structures and is responsible for service provision to a varied portfolio of clients
21 September 2021
JTC buys Ballybunion
The Dublin-based firm provides management and regulatory oversight services to investment funds
20 September 2021
JTC buys Segue
Segue provides fund solutions to private equity, venture capital, debt funds and family offices
20 September 2021
Profile: Frédéric de Frésart, Argos Witu
The chief information officer discusses the firm's digital transformation, key considerations to ensure security isn't breached for hybrid working models as well as why blockchain is one to watch
17 September 2021
Apex partners with VCP Advisors
VCP provides advisory, capital raising and restructuring services
16 September 2021
Gen II hires two
Duncan Christie is head of operations and a member of the executive committee while Eva Ntovolou is global data protection officer
15 September 2021
ACA buys Catelas
The ML-based electronic communications (eComms) surveillance and investigations platform will integrate with ACA's regtech platform ComplianceAlpha
14 September 2021
Drawbridge hires three
Adam Menkes is global head of ops, Jacob Cane is head of strategy, while Art Murphy is director of BD
13 September 2021
Standish expands to UK
Following authorisation from the FCA, the London office provides UK administration and depositary services
9 September 2021
Ocorian hires head of global funds
Garrett Breen joins from JP Morgan where he spent the last five and a half years