PE Stack and Holland Mountain present the first initiative to map AI / GenAI use cases and key vendors in Private Equity and wider private capital.
Valu8, Delio, Arcesium, Integrum ESG, and more- see the latest from these vendors in our weekly vendor news digest! News categories cover deal activity, partnerships and integrations, vendor whitepapers, and others.
Our latest Special Report, produced in collaboration with Untap helps our users understand the portfolio monitoring and value creation sector, including selection considerations and criteria. It also contains a Product Brief covering Untap and our verdict of this platform.
See a map of relevant vendors in the deal sourcing and execution space for private equity and venture capital. We cover software, data, and intelligence services - CRM, market data, diligence, alt data, relationship intelligence and more…
Our latest special report, produced in collaboration with udu, examines emerging 'Virtual Analyst' technology and the increasingly important role it's playing in proprietary deal sourcing channels:
What is a 'Virtual Analyst'?
How does the technology work?
Why is it so important in the current market?
How does adoption affect existing sourcing processes?
Major financial platforms’ forays into private capital have transformed the product landscape in recent years, and activity shows no signs of slowing in 2020 with multiple partnerships and investments already announced. Following its recent investment in data optimization specialist Canoe, we take a deeper look at Nasdaq, one of the most active and exciting participants in the market today.
Preqin and S&P’s data partnership is the latest in a series of high-profile deals involving private capital specialists and broader financial data and software providers. We have some strong views on this emerging pattern and what it means for end-users, vendors and those doing deals in the financial data and technology industry.
The needs and requirements of private equity and venture capital LPs are evolving. While the personal relationships which historically underpinned a firm's ability to attract and retain LPs remain important, the asset class' increasing size and complexity is putting more pressure on LPs to maintain a robust portfolio based on frequent and high-quality analysis of existing and potential new GPs.
Managers coming to market today will experience a fundraising market unprecedented in terms of competition where providing access to high quality reporting tools and data on demand can make the difference in achieving a fundraising goal. It is essential for fund managers to align with LP demands for high quality reporting, and we believe that the choice is no longer whether or not to implement an LP Portal, but which one will most effectively serve to enhance a GP's brand among existing and potential new LPs.
The LP Portal is often the primary means for investors to interact with a fund and therefore plays a big role in brand-perception. Many of the leading solutions will allow for a firm to brand the portal in their image, including eFront's Investment Café which facilitates customization to reinforce a firm's style and image. A good UI (user interface) is essential so the LP can find the information they are looking for and enter their own data easily.
The best LP portals will include data visualization, access via mobile devices and the ability to produce high quality reports for investors. Certain platforms, including Cobalt, feature native third-party data integrations to allow for the production and distribution of benchmarking reports.
As fund information is sensitive, the portal needs to be very secure. In fact, one of the best reasons to use a portal is due to potential issues with mail and email, both in terms of preparation and delivery. Products such as Altvia's Sharesecure are now utilizing enterprise-grade features such as two-factor authorization and virus scanning to ensure compliance and maintain security. Dynamic watermark creation is another feature which not only lowers the possibility of human error, but also saves IR professionals days of time over the course of a fund.
The trend among LPs from large pension plans to nimble family offices is for increasing demand for up- to-date, granular data about the fund's portfolio, prospective deals, cash flow and benchmarks. In addition, information related to sources of investor alpha, compliance and risk should be provided and forms a major part of offerings from firms such as LP Analyst. Firms seeking a solution designed primarily around facilitating due diligence can leverage tools such as eVestment's TopQ. Both LPs and GPs will appreciate the more prosaic aspects of a quality portal such as an easier and more secure transmission of their annual K1s along with the ability to upload changes in their address and banking information.
It all adds up to better customer service, brand building and relationship cultivation while leaving investor relations professionals with more time to engage in value-added activities instead of menial tasks. Certain platforms, such as Capital Dynamics spin-off Colmore, also offer outsourced investor reporting in addition to a quality portal which can further enhance the LP experience in a cost-effective manner.
One of the most common questions we hear at PE Stack is whether to build a collection of standalone applications, or select a single suite of services from one of the primary software suppliers, the majority of which offer portals. While each procurement process is different, there are some clear benefits to using a platform such as AltaReturn which offers users the ability to integrate back and front office tools with its investor portal.
Our Vendor Profiles platform tracks over 150 software and data vendors, including more than 30 which offer an LP portal. We help GPs, LPs and service providers to identify potential solutions via our free to use, powerful online database and by providing bespoke consulting services. For instant access, please visit www.pestack.com/vendor-profiles or email us at info@pestack.com
