Fri, Aug 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Private Equity Strategies

Tools of The Trade: IntraLinks Offers GPs A New Platform For Investors

Friday, February 22, 2013

by Bailey McCann
Private Equity Strategies

As we discussed in an earlier issue of Private Equity Strategies, standardized reporting from GPs to LPs is a hot topic as both sides try to find common ground on information sharing. Standards like ILPA, coupled with new regulatory reporting requirements have staked out an early roadmap for disclosure, yet large institutional players often request more customized reporting.

Historically, GPs have sent out PDF documents, which allow for greater control of their information from the GP side. However, this often results in LPs having to re-key the information into a machine readable, more analysis friendly format, adding time and additional cost overhead to understanding their exposures.

IntraLinks® Holdings, a global technology provider is hoping to fill that gap with its new investor portal offering. IntraLinks Investor Portals is offered specifically for private equity, hedge fund and real estate firms as a means of offering fully controlled and branded, but machine-readable reporting documents. The portal platform is being launched at the SuperReturn private equity conference in Berlin on February 26. General availability for the service will begin in the second quarter of this year.

The portals will build on the existing capabilities of the IntraLinks platform, which already enables content sharing, and collaboration for many of the world's largest private equity and hedge funds. Firms can scale up their use of the IntraLinks platform and the portal as they grow or decided to evolve their reporting process.

For firms that offer multiple business lines, the portal will allow them to present a multi-branded portal based on product-specific investor access. Dashboard features are also available so that GPs will be able to tailor information flow out to specific investors.

"GPs were telling us that LPs want more information and they want that information delivered electronically," says Andre Boreas, Director of Product Marketing-Alternative Investments at IntraLinks in an interview with Private Equity Strategies.

Portal technology can also report back to GPs when investors have opened new information. "This feature is not only important to understand who is looking at your reports but it can also facilitate smarter business development. If you know a certain target has never looked at what you've sent, you probably don't need to waste the time visiting them," he says.

Investors can see all of their managers with a single login, but those managers are presented in folders that then open a potentially customized experience, letting funds stand out within larger platforms. "Ultimately, we want to move reporting forward into the current age, its 2013 and we're still bothering with PDFs. It doesn't make sense," Boreas says.

IntraLinks plans updates to the portal platform on the order of once per quarter. Future releases will add additional features and include new partnerships. The firm recently announced its partnership with TamaleRMS, and others are in the pipeline. Those relationships will be reflected through new features.

"There is a tendency on the part of successful technology providers, once they have created a well received product to sit back, but we are always going to reinvest to improve. We believe there are still significant technological problems to be solved in the industry and we plan to put forward solutions," he says.

Angel investors are cropping up everywhere, in the US it seems. They're even getting their own TV shows. As this infographic highlights, their contribution to new jobs in the US is significant. The number of angel Investors and the amount of of dollars they've invested have significantly increased over the last ten years, allowing aspiring entrepreneurs more opportunities than ever before to achieve success for their early stage companies. Angels are making most of their investments in the US, but the trend is catching on worldwide.

 
This article was published in Opalesque's Private Equity Strategies our monthly research update on the global private equity landscape including all sectors and market caps.
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies


Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Commodity hedge funds lose most in three years as rout deepens, Funds bet on Shell deal as oil prices plunge[more]

    Commodity hedge funds lose most in three years as rout deepens From Bloomberg.com: Hedge funds betting on commodities lost the most in almost three years in July as the price-rout deepened. Funds lost money for a third month, according to the Newedge Commodity Trading Index, which was re

  2. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  3. JTC acquires Kleinwort Benson’s fund administration business[more]

    Bailey McCann, Opalesque New York: JTC has completed the acquisition of Kleinwort Benson’s fund administration business, boosting assets under administration (AuA) to $56 billion. Kleinwort Benson is based in the Channel Islands, South Africa. The transaction, which relates to the whole of K

  4. Performance - Hedge funds set to bank millions by short selling during London share slump, The China market chaos has made this hedge fund its most money in 2 years, Odey hedge fund said to surge 9% betting against China, Hedge funds with long-held bearish views on China rack up profits, Hedge funds in U.S. seen curbing damage from August turbulence, Hedge funds collect on their predictions of a fall, How did managed futures do while the Dow was down 1000[more]

    Hedge funds set to bank millions by short selling during London share slump From TheGuardian.com: Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall. The funds making the bets include Lansd

  5. Opalesque Exclusive: John C Head IV leaves alternative investment firm Gallery Capital, David Harrison joins as co-CIO[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: John C Head IV, former president and co-founder of Gallery Capital Management, an alternative inv

banner