Technology
17 June 2021
KPMG joins campaign for reporting taxonomy
KPMG UK has become a founding member of Private Capital Data Standards Alliance (PCDS Alliance – formerly ADS Initiative)
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
Drawbridge launches cyber risk module for PE
The module provides PE funds with a single view to monitor the cyber risk profiles of their portfolio companies in real-time
9 June 2021
Arcesium launches performance allocations product
PerformA is tailored for private equity, fund administrators and hedge funds
7 June 2021
What do LPs do with all the data?
A recent webinar discussion explored what information is being transmitted from GPs to LPs
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
17 May 2021
In conversation: Cyber security, an ESG concern
A recent webinar discussion explored the treatment of cyber security as an ESG practice
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
13 May 2021
Profile: Sedef Köktentürk, Blue Horizon
The managing partner & COO discusses upgrading the impact investor's technology and processes, how the niche strategy impacts her role, and how being an Olympic athlete taught her the value of collaboration and cooperation to achieve goals
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
5 May 2021
5 minutes with… James Tedman, ACA Aponix
Tedman discusses the biggest cyber security changes in PE in the last five years, the firm’s ACA Protect and PortCo Defend products, and what’s in store for the next 12 months
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
29 April 2021
The Techwork: Christopher Conradi, FSN Capital Partners
"Technology is personal - let people pick the phone they want, the laptop they want and the software tools they want."
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?
28 April 2021
The Techwork: Simon Andersen, 3i
“Today, digitalisation is at the heart of 3i’s investment strategy and operating model."
27 April 2021
The Techwork: Neil Patel, Apax Partners
“The key focus at present is improving agility, introducing and pioneering technology that allows the firm to work more efficiently as it grows.”
23 April 2021
The Techwork: Peter Finden Bamrud, Verdane
"We are building a machine learning centre to enable portfolio companies that have progressed to more advanced levels of their data journey to harness their data to a much larger extent.”
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
22 April 2021
Profile: Magdalena Pasecka, Innova Capital
The partner and CFO discusses her reasons for leaving and returning to Innova, operational challenges of CEE-funds as well as why being a woman in PE is an advantage
21 April 2021
The Techwork: Alex Mathers, Inflexion
“My job isn’t to take over from the management team, it’s to help them get to the right priorities and find the right people to help them.”
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
20 April 2021
The Techwork: Mark Peacock, Nordic Capital Advisors
“We’ve taken a much more aggressive IT security stance, aided by the implementation of key preventative, detection and response technologies.”
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
16 April 2021
The Techwork: John Eggleston, Pantheon
“Technology and data transformation are priorities for us to ensure successful growth, investment returns and customer service as a global investor.”
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
14 April 2021
MUFG IS partners with MJ Hudson on ESG reporting tool
The solution allows data to be collected in an automated way, with an overlay of ESG expertise from analysts, while being tailored to private markets
14 April 2021
The Techwork: Olof Hernell, EQT
"We decided to build our own operational platform that is totally scalable and future-proofed for what I think will be much higher demands in the future.”
13 April 2021
The Techwork: Stuart Mair, BC Partners
“We want to ensure that we utilise and optimise our data, providing better insights for the business using the full Microsoft BI stack, reporting visualisations and analysis.”
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
9 April 2021
The Techwork: Andy Sobek, Permira
"I’m trying to build capability to keep the dealdoing machine well oiled. Deal doers are smart and entrepreneurial and my job is to underpin their work; to support quicker and better deal doing.”
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
7 April 2021
The Techwork: Ahmed Khamassi, Stirling Square Capital Partners
“The main improvement we want to make in terms of technology is to ensure it is designed with our people in mind.”
1 April 2021
The Techwork: Kevin Muller, Coller Capital
“We have a multi disciplined view on data; the tools we use and how people consume data. We’re running a multi-year data maturity initiative.”
1 April 2021
The Techwork
Private equity's digital transformation has undoubtedly been catalysed by events of the past year
30 March 2021
MUFG IS launches ESG reporting tool
The reporting tool initially uses RepRisk data and MUFG IS plans to add further data sources
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
29 March 2021
5 minutes with… Simon Thornton, PEARonline
Simon Thornton, founder of private equity investor portal and fundraising data room PEARonline discusses the company’s origins, the importance of secure data transmission and upgrade plans
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