Tech providers
18 June 2021
PE needs to spend more on data management
State Street's report found 70% of alternative asset managers said they need to spend more money on data management to handle increased pressures and demands
16 June 2021
Freyda secures backing from Google
Freyda uses AI and NLP to extract and normalise data from complex documents for pension funds, endowments, asset managers
10 June 2021
LemonEdge receives $2.5m
“LemonEdge brings a complete no- and low-code solution to the challenges of general ledger accounting for the private capital market”
9 June 2021
Broadridge PE blockchain solution partners with AWS
The platform allows independent auditor access and adds connectivity to existing industry tools and tech to further automate workflows between the front-, middle- and back office functions
9 June 2021
Arcesium launches performance allocations product
PerformA is tailored for private equity, fund administrators and hedge funds
4 June 2021
CSC buys PEF Services
The acquisition has accelerated CSC’s fund services growth plans in the US, as well as added expertise and a robust tech platform to CSC’s suite of solutions
3 June 2021
Allvue partners with Lionpoint
This partnership enables Allvue’s clients to tap into Lionpoint’s strategic advisory, operating model optimisation, tech road mapping and solution selection as well as systems integration services
27 May 2021
Linklaters launches side letter automation tool
The tool extracts and groups similar provisions and merges duplicate clauses while increasing efficiency during investor negotiations
26 May 2021
Accelex secures $5m
The funding round was co-led by Illuminate Financial and AlbionVC, both of which will join the firm’s board of directors
21 May 2021
Alpha FMC buys Lionpoint in $90m deal
Lionpoint was previously backed by Blackstone, which made a minority investment in February 2019
13 May 2021
IQ-EQ adopts Allvue for debt business
Using Allvue's software enables IQ-EQ to provide clients with loan agent and private debt loan administration services
11 May 2021
5 minutes with… Mike Muniz, Canoe Intelligence
The chief revenue officer explains what the software does, how the business came about and technology upgrade plans for the future
7 May 2021
PE embraces alternative data
Alternative data has been commonplace in hedge funds for 15 years, but private equity firms are now upping their use of this information flow.
7 May 2021
eFront’s Tait joins Accelex
Accelex automates processes for extraction, analysis and sharing of investment performance and transaction data, using proprietary AI and ML
5 May 2021
Allvue opens Singapore office
Edward Bee joined Allvue as region head for APAC and will head up the new office
4 May 2021
WATCH: What do LPs do with all the data?
A recent webinar discussion explored the way in which data is being communicated, how technology is helping both GPs and LPs, and what LPs are doing with all the information
4 May 2021
Procensus extends to PE
The regulated platform aims to help investors understand market consensus on macro topics such as key ESG issues, market transactions (M&A and IPOs), stocks and stock specific events
30 April 2021
Cobalt updates portfolio monitoring platform
Cobalt claims this is the industry’s first self-service portfolio monitoring solution
30 April 2021
5 minutes with… Robin de Gruchy-Wilson, Oakbridge Fund Services
The co-founder & managing director discusses the firm’s key focuses, how it secured backing from ED Group as well as technology and platforms it currently uses
28 April 2021
HWM acquires Koger
The deal has been backed by Lovell Minnick Partners, a financial services and tech-focused PE firm
28 April 2021
LISTEN: Do we even need standardisation? Episode 2
The second instalment of a recent podcast discussion examined industry body reporting efforts, and asked if standardised reporting is still necessary?
23 April 2021
Former Centerbridge CFO joins qashqade board
Gelfand was most recently senior MD & CFO of private investment firm Centerbridge Partners, for nearly 13 years, until he retired from the role in 2018
21 April 2021
LISTEN: Do we even need standardisation? Episode 1
A recent podcast discussion explored technological advances in data transmission, and asked if standardised reporting is still necessary?
20 April 2021
Finding a digital edge: how to approach digital transformation
George Ralph of RFA breaks down approaches to digital transformation within private equity operations, and highlights the importance of an effective data strategy
19 April 2021
WATCH: Cybersecurity, and ESG concern
Cybersecurity is a matter of good governance, as well as reputation and risk management - putting it at the heart of ESG practices
15 April 2021
Holland Mountain partners with Canoe
The partnership enables Holland Mountain’s newly-upgraded ATLAS data platform to connect with Canoe’s technology, for mutual clients
14 April 2021
ACA enhances regulatory tech platform
The upgrades have been driven by the evolving risk from Covid-19, as well as the continually developing regulatory environment
12 April 2021
Agile fund management
The major advantage of setting up something fresh is having a clean slate with the ability to adopt the latest learnings and technologies. This is exactly what fund administrator Highvern did when it set up its processes and ways of working
7 April 2021
Holland Mountain upgrades data platform
ATLAS aggregates data from any source and provides business users and senior executives with centralised access to real-time data
1 April 2021
The Techwork
Private equity's digital transformation has undoubtedly been catalysed by events of the past year
30 March 2021
Allvue partners with Got Your Back
The partnership provides fund accounting solutions for Got Your Back's alternative fund management clients
29 March 2021
Hermance launches digital investment platform
The platform connects HNWs and institutional investors with private markets funds via low minimum ticket sizes
23 March 2021
Valutico explores ESG valuations
Valutico has received a €200,000 innovation grant from the Vienna Business Agency to support the project
23 March 2021
Advisory / Consultancy: Operations & Technology award winner: Holland Mountain
CEO Barnaby Piggott talks about why clients value the firm's independence
22 March 2021
InCloudCounsel launches Insight
Insight aims to allow fund managers to manage LP obligations to across all funds in one centralised platform
18 March 2021
Rising Star of the Year award winner: Dawid Sawicki, Kennet Partners
The financial controller discusses winning the Rising Star award, stepping up to FC during the finance team's transition period and various processes, systems and the CFO forum he's implemented
16 March 2021
IQ-EQ selects Allvue for private debt & credit
The debt desk will employ FIS software for accounting and transfer agency services, DX as the 24/7 online client portal, as well as IQ-EQ’s proprietary reporting system, IQ-EQ Cosmos
16 March 2021
Foreign exchange services award winner: Alpha FX
Alpha FX's dedication to the alternatives space means the team focuses on problem solving above all else
15 March 2021
Moonfare partners with Fidelity International
The partnership aims to provide institutional and wholesale clients with access to private market strategies
12 March 2021
Allvue updates performance & portfolio monitoring solution
The platform provides an overview of accurate investment performance down to asset level
12 March 2021
Technology: Accounting & Reporting award winner: AtomInvest
“Our philosophy is to look at what the best people are doing, not only in the alternatives space but across all markets." - AtomInvest founder and CEO Hemal Mehta
11 March 2021
Technology: Innovation award winner: Scissero
CEO Mathias Strasser discusses why GANs technology is a promising research area for the firm
11 March 2021
CFO of the Year award winner: Steve Darrington, Phoenix Equity Partners
Partner & CFO at Phoenix discusses winning a Drawdown award, setting up processes from the very beginning as well as how he's ensured ESG continues to be at the heart of the firm
10 March 2021
Technology: Portfolio Monitoring award winner: Mercatus
Mercatus CEO Haresh Patel attributes their success to the way in which the platform has naturally developed to incorporate ESG monitoring
9 March 2021
Long Ridge backs Drawbridge
Cyber security provider Drawbridge currently counts 300 alternative asset manager clients
8 March 2021
GCV launches new end-to-end SaaS
Quva was developed by GCV’s venture builder division G-Labs
8 March 2021
And the winner is…
Entrants to The Drawdown's Awards were asked to demonstrate business growth, innovation and client satisfaction. While the winners were rewarded based on these metrics, what's clear from speaking to all of the successful groups is they all shared three additional commonalities
5 March 2021
TiG acquires ThirdSpace
The deal was backed by BGF, with financing provided by Santander’s Growth Capital team.
4 March 2021
SS&C’s Anwar joins Arrow Capital
Kamran Anwar has joined to lead the firm’s new clients and capital formation group
4 March 2021
Consero buys BridgeView CFO Solutions
The deal expands Consero’s suite of solutions to include HR and payroll services for its existing client base
4 March 2021
Social behaviour
While GPs use social media to give an insight into their firms, LPs now use it as part of their ODD. But where are they looking, and what for?
26 February 2021
Morgan Stanley’s Wasinger joins Allvue as CFO
Wasinger will oversee all areas of corporate finance to help from the firm’s revenue and market share
25 February 2021
InCloudCounsel opens Singapore office
The firm has hired Jon Crandall as managing director for APAC to lead the office
25 February 2021
PE and private debt behind on adopting tech
Broadridge's latest report found only 9% of PE and private debt respondents identified as leaders when it came to using AI, blockchain, the cloud and digital
24 February 2021
Standish partners with Redwood Valuation
The partnership enables Redwood to offer Standish clients a wide array of valuation services in a streamlined, high quality and cost effective manner
18 February 2021
The ins and outs of outsourcing: An evaluation guide for selecting the right vendor
InCloudCounsel CEO of co-founder Troy Pospisil says firms must "ask the tough-but-important questions about the service provider’s team, products, and business"
17 February 2021
iCapital and CAIA Association launch AltsEdge
AltsEdge is an education system which aims to help financial advisors understand alts investment strategies
11 February 2021
StepStone becomes The ID Register alliance partner
StepStone Group has been a client of the platform since 2016
11 February 2021
5 minutes with… Guy Battle, Social Value Portal
As ESG’s visibility continues to increase, finding ways to measure and report efforts remains tricky. Social Value Portal’s CEO Guy Battle explains how their framework attributes monetary values to social impact
8 February 2021
Palico launches video-based fundraising
Palicalls enables LPs and GPs to book video meetings via a fully integrated dashboard that collates all relevant fundraising materials, communications and information into one space