|
Bailey McCann, Opalesque New York: Private market fund managers are under increasing pressure to meet rising investor expectations for data transparency, technology adoption, and talent retention, reveals new research from CSC.
According to CSC, data quality and accessibility remain top concerns for limited partners (LPs). Almost half (44%) said that they are not receiving the level of detailed performance reporting, including investment-level data, necessary for informed decision-making.
"Technology now plays a central role in discussions between GPs and LPs, far more than it did five or ten years ago. As regulatory complexities increase and investor expectations evolve, firms that integrate advanced technology solutions and strategic outsourcing will maintain a competitive edge in 2025 and beyond," Liam McHugh, managing director, European Fund Administration, CSC.
Nearly three-quarters of LPs expect daily or on-demand access to key fund data, with 74% calling for this level of reporting on portfolio performance, and 72% seeking it for operational SLAs like NAV deadlines.
Technology is a major focus for LPs, with investor portal technology ranked globally as the biggest frustration when working with GPs (cited by 35%). This was closely followed by timely and accurate communication (27%) and data granularity and analytics (11%).
In response, almost two-thirds (63%) of GPs reported plans to expand their technology frameworks. Additionally, 50% are invest...................... To view our full article Click here
|
RSS
