Reporting & Transparency

Kroll launches risk assessment tool

Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies

Profile: Martim Avillez, Limerston Capital

The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times

JTC acquires Blackheath

Fund administrator expands its ManCo services for UK-based funds

Lunate and BNY Mellon invest in Alpheya

Company to develop wealth management platform for wealth and asset managers

SimCorp launches investment analytics platform

Offering to be rolled out over multiple launches; performance analytics attribution marks commencement

SEI acquires National Pensions Trust

Companies cite consolidation as a driving force for an increasingly strong market position

Crossbreed funds

How PE is shedding its ‘illiquid’ skin and creating hybrid funds to access the private wealth market

Hawksford acquires Paradigm

The fund administrator is expanding to the Cayman Islands

Carta launches waterfall calculation tool

Company aims to support with LP reporting, M&A deal impact and equity value estimations

Comply launches software and annual review service

Company aims to support chief compliance officers with growing regulatory demands

StepStone launches intelligence platform

Tool to provide research, reporting, portfolio optimisation and benchmarking across private markets

Novata expands ESG platform

The technology has improved its SFDR tools to assist fund managers with data analysis and reporting requirements

Ad hoc portfolio reporting to be expected in the next three years

GPs and LPs are forecasting increased reporting functionalities within private markets, according to CSC’s latest report

The digital CFO

While most CFOs would protest at the idea of their entire role being outsourced, an example of a plug-in CFO service is the upcoming launch of Corvus Group. Is it time to outsource the CFO entirely?

Arch secures $20m

The funding aims to enhance the private investment management platform’s service offering, which includes tax document management, among other workflow solutions

PE sustainability initiatives launch decarbonisation roadmap

The PMDR has been launched by the Initiative Climat International and the Sustainable Markets Initiative’s Private Equity Task Force, supported by Bain & Company

Carta launches fund tax tool

Fund admin aims to support with fund accounting and taxation, real-time allocation calculations and draft K-1s for LPs

Apex acquires Watermark

The fund administrator has infiltrated the Portuguese market

What the AI?!... Triton Partners

Head of technology Lyndon Arnold updates us on the firm’s outlook on AI and its potential use cases, as well as its ongoing implementation of the technology.

Cascata partners with 4Pines

Partnership is the latest instalment in a series as Cascata teams up with various fund administrators

Accelex secures $15m

The series-A funding round was led by FactSet

Clarity AI and Next Gate Tech join forces

Sustainability tech platform and fintech firm team up to automate sustainability data collection across portfolios

Amundi Technology partners with Accelex

The asset manager’s tech division will incorporate automated data extraction and document harvesting into its existing portfolio monitoring offering

Adepa adopts eFront

Luxembourg-based fund administrator is integrating investment software into its services

Citco updates online service

CitcoConnect to streamline capital-raising and subscription processes

Canoe Tax launches

Canoe Intelligence has expanded its product suite to include automated tax document management

EZOPS launches Pypeline

The solution is catered towards structuring data from financial institutions

Canoe consults on Canoe Asset Data

Launch of Canoe Data Innovation Hub has enabled a client-to-firm partnership for the development of Canoe Asset Data

A&M appoints generative AI practice head

Anil Kumar will be supported by consulting lead David McGraw and CTO Chaz Henry

(De)generative AI

As AI technology develops, so do the associated risks

Middleground appoints head of finance

Partner Cristopher Speight joins from biotech firm Alltech

Kennek secures $12.5m

Seed funding round was led by HV Capital

Ocorian gets an A-Pass

The acquisition of the corporate administration service provider will strengthen Ocorian’s presence in Asia

Rundit launches LP reporting solution

Company aims to offer automated reports that are web-based

Profile: Melanie Wiese, Deutsche Beteiligungs AG

The CFO and member of the board of management walks us through lessons learned in the course of her career and how her passion for a diverse and collaborative culture translates into practice

ERM and Greenomy join forces

The sustainability consultancy aims to incorporate Greenomy’s ESG reporting services

IDR appoints tax services director

Robin Silverthorne joins from NatWest Group

Lionpoint launches treasury practice

Former head of operations at KKR Danny Olds will lead the practice

Investment Association calls for EU reforms

Trade body highlights sustainability, new technologies and greater alignment on regulatory issues as areas of concern

Amicorp launches ESG reporting and rating service

The new service includes audited ESG reports, analysis, business planning and policy implementation

GPs find brand perception key reason for ESG reporting

A survey conducted by Oliver Wyman and Novata highlights challenges for measuring ESG financial impact

Tikehau invests in Anthesis

Tikehau shares ownership of the ESG consultancy with Carlyle, Palatine and Anthesis employee shareholders

Vector updates fund accounting tool

The fund administrator has incorporated a GP and LP portal into Valence

Data constraints the biggest ESG integration hurdle

Some 71% of respondents to the BNP Paribas ESG Global Survey 2023 find lack of ESG data quality a major barrier to making more sustainable investments

Altvia continues partnership with Passthrough

Companies launch tool that integrates a CRM with an LP onboarding solution

Accelex and Finarch partner up on operational efficiency

Partnership aims to assist firms with processes around portfolio monitoring, performance analytics, compliance management and data integration

Valutico partners with Integra International

Tax, audit and accounting association will offer Valutico’s valuation services to its clients

The valuation conundrum

Malcolm Goddard, COO of Zetland Capital, questions whether the industry built up to assess PE valuations is fit for purpose

Same soup just reheated

LPs’ operational priorities are unchanged in 2023 and include automation, understanding new investment structures and creating workflow efficiencies, Dynamo Software survey finds

Petra Funds joins forces with Novata

Partnership aims to support with collection, analysis and reporting of ESG data

MSCI acquires Burgiss

MSCI will purchase the remaining 66% of the data provider

Venn adds report solution to portfolio analytics platform

Report Lab will enable Venn’s clients to produce client-ready reports and proposals

5 min with… Marcus P. Höfer, base camp management consulting

In conversation with The Drawdown, the CEO explains what the firm’s philosophy of ‘being a sparring partner to the CFO office’ means in practice and talks about industry trends.

Profile: Markus Gyssler, EMERAM Capital Partners

The managing partner and COO reflects on 10 years at the firm, walks through its succession programme and explains how he combines operational with investment duties

Around the books in 80 days

GPs' travels through the auditing process

Socium Fund Services partners with Broadridge

Socium will incorporate Broadridge’s Sentry tool to improve its debt fund administration services

Apex acquires Axess Accounting Office

The acquisition expands Apex’s presence in Japan

The Drawdown Awards winners: Matt Guy

Matt Guy, associate director at Federated Hermes Private Markets, was named Rising Star of the Year at The Drawdown Awards 2023

Iceberg Data Lab launches Barbatus

The tool uses generative AI to produce ESG data analysis