From years of working with GPs and LPs across the private markets, we’ve had a behind the scenes look of many tech stacks and processes. While most have implemented specific software for fund accounting or CRM capabilities, portfolio performance data management and analysis is still left to non-specific tools: spreadsheets or generic business intelligence software.
LPs are increasingly focused on the quantitative side of GP value creation during due diligence – looking to validate claims and understand portfolio strategies with data. But are GPs using quantitative data to their advantage to evidence their value-add strengths in their pitch decks and presentations, to go beyond mere claims?
CFOs and COOs in the private markets are acutely aware of the challenges and stiff competition facing their firms today. They have the unenviable role of leading in-house initiatives that create operational excellence and drive success. In many cases this means that they are responsible for thinking critically about firm practices and processes to identify areas in need of innovation and improvements.
Simply put, portfolio performance data is a GP’s most valuable asset. It is their record of achievement, their recipe for future success, and their best fundraising tool, all in one. That is why it is unfathomable that most GPs are still relying solely on spreadsheets as their primary tool for collecting, managing, and analyzing their performance data.
Investor RelationsOperations Excellence How investor demands and growing data sets are brewing a perfect storm for GPs by Andrés Ramos, Content Marketing Specialist - eVestment Private Markets Data requests from investors are nothing new for private fund managers. Quarter-end requests for completed templates and ad hoc requests are all part of the job for finance and [...]
Industry InsightsOperations Excellence Pursuing Persistence in the Private Markets The debate around persistence of returns in private markets has persisted longer than returns themselves depending on which side you believe. One oversight of this debate, however, is that nearly all the research has been focused on the firm-level. The question of persistence has become, “Do top quartile funds’ successors also go on to be top quartile?” McKinsey carried out research on [...]
Industry InsightsOperations Excellence The diminishing returns of an 80hr work week: how overwork impacts returns May 6th by Andrés Ramos, Content Marketing Specialist – eVestment Private Markets For private markets professionals, long hours come with the territory. When a deal is on the line or a client makes an ASAP request for data, the day ends when the work is [...]
Industry InsightsOperations Excellence Cross-team responsibilities in the private markets April 30th by Andrés Ramos, Content Marketing Specialist – eVestment Private Markets The first Private Markets Work-Life Balance Report, produced by eVestment Private Markets and asset management consultancy MJ Hudson, surveyed over 300 private markets employees on a wide array of topics to offer insight into what it’s like to work in the [...]
Industry InsightsOperations Excellence What motivates the private markets? April 23rd by Andrés Ramos, Content Marketing Specialist – eVestment Private Markets What motivates employees in the private markets? The most natural answer that comes to mind is of course money. It’s a well-known fact that employees in the private markets are very well-compensated but money is far from the only [...]
Industry InsightsOperations Excellence Why top quartile is more than a buzzword for LPs by Andrés Ramos, Content Marketing Specialist – eVestment Private Markets Earlier this year, an article in Private Equity International posed the question: “Do investors receive a premium for illiquidity?” The piece focused on Jonathan Ford’s controversial position that while private equity had historically delivered outperformance compared to public markets (specifically, the S&P 500), since 2006 limited partners (“LPs”) had not [...]