Data room

What the AI?!... Montagu

Partner Daniel Fischer believes there are AI opportunities to be developed in risk management workflows

ERM and Greenomy join forces

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

What the AI?!... NGP Capital

VP of data analytics Atte Honkasalo and partner Christian Noske discuss how NGP’s internal startup search platform is shaking up operational workflows

Lionpoint launches treasury practice

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

Delio launches Vault functionality

Company aims to enable private distribution networks and dealflow syndication

Ontra expands legal operating platform

Ontra Atlas is an automated entity management solution

GPs find brand perception key reason for ESG reporting

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

Gen II launches strategic and digital solutions group

Robert Caporale has been appointed as group president

Alpha acquires Cobase

FX solutions provider set to acquire 85% of the multibank connectivity platform, subject to approval from the Netherlands’ central bank

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

Cardano partners with DiligenceVault

Risk and sustainability advisory firm to integrate digital diligence platform for automated ODD services

What the AI?!

CEO of Ed Green shares how the firm is making operations smoother with automation

Valutico partners with Integra International

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

Context Analytics launches CAPE

The software automates data extraction from various pitch decks into a structured format

Sounds of the summit… Tech spec

A post-summit debrief sees BGF’s Alastair Pilgrim and Federated Hermes’ Matt Guy discuss developing tech stacks

SS&C acquires Iress’s managed fund admin business

Acquisition is a bid to enhance SS&C’s position as transfer agent by building out position in Australia

Securitize acquires Onramp Invest

The acquisition allows registered investment advisers to offer PE investments to their clients

MSCI acquires Burgiss

MSCI will purchase the remaining 66% of the data provider

Alkymi partners with Portfolio BI

Partnership aims to combine structured and unstructured data sources to improve workflows and data governance

Inveniam launches Inveniam AI

The Miami-based division is developing automated blockchain-enabled data interpretation tools for private markets

PitchBook expands LCD research

The data provider has added LCD Credit News and Debt Deal Data into its platform

Socium Fund Services partners with Broadridge

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

Sounds of the summit… Asset managers assemble

Discussions from OLS concluded that the time to create a ChatGPT policy was yesterday. Here’s why your firm needs one too

Clearwater launches GPT tool

Available from the second half of 2023, the offering should allow clients to benchmark their portfolios against peers with similar AUM sizes and investment strategies

Quality control

CDP’s latest report analyses how a unified global regulatory approach can foster better ESG ratings and data products

What the AI?!... Amadeus Capital Partners

We speak to Amelia Armour, partner in the early-stage fund, to understand AI’s strengths and limitations in applications at VC funds

Iceberg Data Lab launches Barbatus

The tool uses generative AI to produce ESG data analysis

Anduin secures $15.6m

The funding round was led by tech investment firm 8VC

Apex signs strategic partnership with Flow

The fund administrator’s clients will have access to Flow’s investor lifecycle management platform

Worldfavor partners with Northpeak

The collaboration will combine Worldfavor’s sustainability data platform with Northpeak’s ESG consultancy services

5 minutes with… Tim Andrews, IDR

Founder and CEO of the investor onboarding hub shares how its latest fund subscription service strengthens the platform

BNP Paribas acquires Kantox

The acquisition will expand the firm’s FX workflow services

Alkymi launches Alpha

The generative AI tool aims to formulate answers from documents and datasets

The Drawdown Awards winners: 73 Strings

The Drawdown speaks to Yann Magnan, CEO and co-founder of 73 Strings, winner in the Technology: Innovation category at The Drawdown Awards 2023

Canoe partners with Lionpoint

The partnership will combine operational and technological solutions with consulting services

73 Strings secures $10m

The funding aims to help expand the provider’s global presence and develop its product offering

What the AI?! Robin AI

James Clough, CTO and co-founder of Robin AI, shares how legal and AI expertise are combined in its LLM-powered chatbot

Lantern launches with portfolio monitoring platform

Data platform will assist GPs with decision making by providing data analytics, visualisation tech and portfolio monitoring

Accelex launches data extraction solution

The product aims to extract data from private debt and securities structures for LPs and asset servicers

GoldenSource partners with Snowflake

The partnership aims to make use of Snowflake’s cloud data platform

What the AI?! Jolt Capital

Philippe Laval, CTO at Jolt Capital, explains the firm’s in-house tool Ninja, which is much more than an automated deal-sourcing platform

Comment: Decision delegation

Hamish Paget-Brown, associate at ECI Partners , explores the potential of AI to lead decision making in the private equity market.

Valu8 acquires Firmnav

Valu8 aims to innovate its deal-sourcing services with Firmnav’s AI and natural language processing tools

Tokenisation barriers

Significant barriers to the tokenisation of real assets remain, despite forecasts for major industry growth, according to a whitepaper

ACA launches portfolio management solution

Managed Performance Services aims to assist fund managers with performance measurement and reporting features

Consort1 opens up repo market to GPs

Secured deposit service provider has made strategic partnerships with banks and financial services companies to help securely collateralise cash deposits

Quantium opens London office

The European base will be led by Anahita Beigui

Novata expands ESG benchmarking offering

The service will encompass 50 universal and more than 200 sector-specific benchmarks

PRI signatory status found to have little to no effect on returns

Report findings were derived from IRR and TVPI dispersion between non-signatory and PRI signatory funds

Negotiating terms increasingly challenging for LPs

LPs have expressed concerns over negotiating terms and manager assessment and identification, according to survey results

What the AI?! Accelex

How is AI transforming data extraction and analytics? We spoke to Accelex’s chief product officer Nicole Weder, and product director Boris Lavrov, to find out more

The Drawdown Awards 2023: Winners announced

Congratulations to all of the winners of The Drawdown Awards 2023

Equipped appoints commercial director

James Ferguson joins from fintech Genesis Global Technology

Colmore launches Term Intelligence

Features include benchmarking, cost projection and ILPA compliance services for LPs, GPs and service providers, aiming to improve the LPA process

IQ-EQ partners with Novata

The partnership aims to incorporate Novata’s ESG data solution into IQ-EQ’s existing services

What the AI?! Canoe Intelligence

Our new AI series kicks off by exploring the burning questions with Aman Soni, VP of data strategy at Canoe Intelligence

Gottschalg Analytics powers up

Company aims to provide performance intelligence services via proprietary algorithms

Chronograph partners with Snowflake

Partnership launches connectivity-as-a-service to consolidate and analyse portfolio monitoring data

Accelex launches portfolio analytics platform

The platform aims to provide visibility and automated data analysis on portfolio funds, commitments and underlying assets