Tech providers
17 September 2021
Blackstone’s Saxena joins Canoe
Saxena supports Canoe’s growing client base, while strengthening the company’s product and technology strategy
15 September 2021
Northern Trust launches AI data extraction solution
The solution reads stored documents and fund manager reports on holdings and performance of PE, hedge funds and other alternatives, and pulls out specific data points
15 September 2021
Synechron partners with Accelex
Partnership aims to accelerate unstructured data extraction and management
14 September 2021
Inveniam secures $25m series-A
"The use of blockchain to transmit trust in data will drive automation in valuation and price discovery in the private markets"
8 September 2021
SS&C launches ESG reporting solution
"We see the growing manager and investor demand to incorporate ESG metrics into client reporting at the manager and portfolio level."
7 September 2021
Mainstream adopts Harmonate
The partnership enables Mainstream to automate private capital data operations
6 September 2021
Great techspectations
As private capital market tech solutions grow in number and functionality; how aligned are GPs internally when it comes to their expectations of technology systems?
31 August 2021
Aumni secures $50m series B
Through a combination of AI and human expertise, Alumni’s platform extracts and analyses critical deal data buried in dense legal agreements
26 August 2021
5 minutes with… Antoine Sage, PE Cube
“A typical buyout fund, for example, with 50 LPs and 10 portfolio companies generates around 10,000 documents during its lifespan, which equates to about 40,000 emails. Managers need a dedicated tool to manage this quantity of information.”
24 August 2021
Accelex expands automation capabilities
The new feature enables firms to streamline investor operations to process thousands of private markets fund performance reports each quarter
23 August 2021
Ogier launches ESG compliance tool
The tool aims to help fund managers get up to speed with ESG themes, terminology, regulatory requirements as well as climate-related risk in portfolio management
18 August 2021
Allvue partners with Snowflake
The new data lake solution enables clients to warehouse and manage all of their data on one system
11 August 2021
Preqin acquires Colmore
The acquisition enables both firms to serve their clients across the entire private market investment lifecycle, from fundraising to due diligence and portfolio monitoring
9 August 2021
2025: PE’s digital golden year
In 2025, structured data exchange will be the norm for fund managers as PE moves away from Excel. The Drawdown explores the tech solutions making that future a reality
4 August 2021
5 minutes with… Danielle Lawrence, Freyda
“I think improved reporting and transparency is becoming table stakes for the industry. You’re expected to have appropriate technology and great processes in place which allow your organisation to focus on high impact work.”
29 July 2021
New tricks
Private equity's digital transformation is gathering speed, and an important part of this evolution are the new tech solutions coming to market. Here we profile three of the latest innovations
27 July 2021
Investran’s Iaslovits joins Anduin
Iaslovits will provide guidance on Anduin’s product roadmap
21 July 2021
State Street acquires Mercatus
Acquisition connected to launch of front-to-back, full-suite investment management platform
20 July 2021
Hazeltree partners with Lionpoint
The partnership enables Lionpoint’s treasury management practice to focus on private capital markets
16 July 2021
PartnersAdmin joins forces with Canoe
Through the partnership, Canoe’s technology will be implemented into PartnersAdmin’s platform to automate and scale alternative investment processes
15 July 2021
Apollo partners with Figure Technologies
The partnership enables Apollo to apply Figure’s Provenance blockchain technology across the investment lifecycle
14 July 2021
Holland Mountain launches ATLAS connector
The connector allows data from multiple sources to be combined to unlock better quality reporting and dashboards in eFront’s platform
14 July 2021
MYCDD partners with IDnow
The partnership enables MYCDD to provide its clients with KYC services
12 July 2021
5 minutes with… David Nable, Arcesium
“Often, sophisticated managers have heir-loom Excel spreadsheets, which have been passed down from controller to controller over the years.”
8 July 2021
The Drawdown Awards 2021: Finalists Announced
Thank you to everyone who entered, and a massive congratulations to all those that made the shortlist
7 July 2021
Diligend and eVestment announce partnership
The agreement allows clients of both eVestment and Diligend to complete more of their due diligence process via one technology platform
28 June 2021
MJ Hudson acquires Clarus Risk
The fintech risk management and reporting automation specialist services alternative asset fund managers and investors
28 June 2021
All aboard
Setting up a new fund comes with all manner of challenges and complexities; Highvern aims to take the pain out of onboarding with your fund administrator
24 June 2021
Allvue partners with Losange
Losange provides fund administration services, portfolio insights and start-up services to PE and VC funds
22 June 2021
Apex acquires Senasen Group
The SaaS platform delivers a self-service offering to enable GPs to publish multimedia content and research, interact with LPs and build their profile
22 June 2021
ODD: social media increasingly important
29% of PE LPs now use social media as part of their ODD on potential investee funds
22 June 2021
The ID Register partners with KPMG
The alliance provides clients with "a smoother, more cost-effective onboarding fit for purpose in the 21st century"
22 June 2021
Alter Domus buys IEA
The firm delivers tech solutions for complex issues such as LP waterfalls, GP carried interest allocations and forecasting to alternative investment managers
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