Technology
3 December 2021
SimCorp partners with Domos
The partnership provides a front-to-back office solution across both public and private markets for LPs, GPs and service providers
3 December 2021
Aztec and Worldfavor launch ESG & sustainability alliance
The alliance aims to enable private market managers with a better understanding of the impact of their own business operations and their portfolios in relation to ESG factors
2 December 2021
DealEdge launches deal performance benchmarks
The benchmarks provide private equity investment teams with deal-level analysis
29 November 2021
Citco adds scenario modelling to waterfall tool
The enhancement enables users to customise and calculate forward-looking investor distributions and carried interest scenarios
29 November 2021
LPs prefer outsourcing
SS&C Intralinks' 2022 LP survey found that 38% of institutional investors surveyed prefer a manager to use a fund administrator
25 November 2021
Comment: Alternative managers challenged to build virtual fort knoxes
The cash-in, cash-out nature of fund management requires sophisticated cyber controls, write Jeremy Slade and Don Jefferis of Hazeltree
24 November 2021
Aztec adopts Fenergo for onboarding
Fenergo enables Aztec to onboard investors faster and improve the user, client and investor experience
18 November 2021
Allvue partners with SteelBridge
The partnership will see SteelBridge assist Allvue’s clients with planning, data migration, implementation, data aggregation and post implementation of Allvue’s newly-launched PE and VC essentials platform
11 November 2021
Novata secures $21m series-A
Novata provides PE firms and private companies with reporting metrics, a database to store information, and tools for analysis and reporting to key stakeholders
10 November 2021
Alter Domus partners with Canoe
The partnership provides clients with alternative data management solutions
10 November 2021
Bite launches private markets portfolio
The commingled product provides investors diversified exposure across various strategies, geographies and fund managers in one ticket
8 November 2021
Apex partners with Governance.com
Governance.com provides automated solutions for client lifecycle management, corporate governance, risk management, compliance and other digital ops
8 November 2021
Cyber psychology
With cyber attacks increasing, the matter can no longer be an IT problem. It's time for private equity to see cyber threats as a major business risk, and with that, human behaviour needs to be front and centre.
3 November 2021
Allvue launches platform for emerging PE and VCs
"It is essential that smaller firms have the necessary infrastructure to hold their own against industry peers."
1 November 2021
Data is king (even when it comes to fund domiciles)
Common standards would enable decent data governance, which would do away with skills and talent challenges the fund administration market is suffering from
1 November 2021
Intertrust launches ESG data solution
The solution aims to help GPs meet ongoing, critical ESG demands by providing an integrated approach to collecting and analysing ESG data, while managing ESG risk in portfolios
28 October 2021
InCloudCounsel secures $200m Series B
The contract automation company has also rebranded to Ontra
27 October 2021
Blockchain and big data most important future tech tools
Intertrust Group’s latest report found 46% of respondents cited blockchain/DLT as the most important tech tool for private capital funds over the next five years
27 October 2021
MJ Hudson releases ESG Advantage
ESG Advantage guides users on a step-by-step basis through the assessment process by tracking important data and automating analysis and reporting
20 October 2021
JTC buys perfORM
perfORM was set up as an ODD business for LPs to use across PE, private credit, RE, infras, hedge, crypto and digital assets
19 October 2021
CAIS partners with Digital Asset
Partnership will explore use of blockchain, distributed ledgers and smart contracts between wealth management and alternative investments
18 October 2021
GP transparency and tech: room for improvement
According to SS&C Intralinks' survey, 69% of LPs were ‘moderately satisfied’ with the technology capabilities of the GPs they currently invest with
18 October 2021
Tech transformation tracker: Key findings
The industry's embrace of technology has accelerated dramatically over the past 18 months
13 October 2021
LPs paying more for administrative costs
25% of LPs are being charged separately for expenses such as in-house legal, accounting and computer software
12 October 2021
Broadridge launches AI-powered AML solution
Machine-learning-based solution is for financial services firms that want to enhance their AML surveillance to detect illicit money flows and bad actors
11 October 2021
Profile: Sam Marsh, Alpha
The senior partner discusses the firm's newly-launched alternative banking solution, aimed at bringing efficiencies when setting up bank accounts and SPVs
7 October 2021
LISTEN: The Drawdown speaks to Private Equity Technology Podcast
Alice Murray, editor of The Drawdown, speaks to Lisa Weaver-Lambert and Alex Agran of the Private Equity Technology Podcast
7 October 2021
A&M launches origination tech
“Rapid deal identification and deal idea generation are common, time consuming challenges across the private equity landscape.”
30 September 2021
Only 50% of GPs measuring carbon footprint
According to Apex research, 81% of GPs agreed they and their portfolio companies should take more responsibility for their carbon footprint
29 September 2021
Alpha FX launches alternative banking platform
Solution allows GPs to open overseas bank accounts in less than a week
28 September 2021
5 minutes with… Michel Geolier, Betterfront Technologies
“We enable GPs to lead with their story, to present their track record to prospective LPs, which then gives them the chance to look through the data to understand what sets this GP apart from its competition.”
27 September 2021
RFA launches Application Lifecycle Management
The tool provides an additional step that performs a static code of analysis against security vulnerabilities during the build process
27 September 2021
Profile: Hina Ahmad, Capital Dynamics
The COO discusses moving from the legal and compliance team to her current role, how the team has leveraged technology to keep up with rapid growth, as well as plans for evolving the firm's pandemic sub-committees
24 September 2021
IPEM 2021: Adapting to a virtual world
Klas Tikkanen, COO of Nordic Capital talks about adjusting to remote working through the pandemic, as well as the process of raising two funds virtually
24 September 2021
The Drawdown Awards 2021: Winners announced
Congratulations to the winners of our recent 2021 Drawdown Awards
23 September 2021
IPEM 2021: Lessons learned from Covid
Philippe Poletti, CEO of Ardian France talks about how the firm managed the Covid crisis, and why sustainability is now at the core of every business strategy
21 September 2021
AnaCap spins out its tech platform
“Equipped AI allows individuals and companies to analyse vast lakes of data in real-time, helping to map and execute investment strategies across multiple geographies.” -- Mike Edwards
20 September 2021
Profile: Frédéric de Frésart, Argos Witu
The chief information officer discusses the firm's digital transformation, key considerations to ensure security isn't breached for hybrid working models as well as why blockchain is one to watch
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
ACA buys Catelas
The ML-based electronic communications (eComms) surveillance and investigations platform will integrate with ACA's regtech platform ComplianceAlpha
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"
14 September 2021
Drawbridge hires three
Adam Menkes is global head of ops, Jacob Cane is head of strategy, while Art Murphy is director of BD
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
7 September 2021
Waystone partners with The ID Register
The partnership provides Cayman funds with an AML/KYC and onboarding solution
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