Together with Brackendale Consulting, a global agency specializing in marketing and PR within the alternative assets space, AssetMetrix set out to explore the use of technology in private equity operations and attitudes of LPs towards technology innovation. Having surveyed a mix of pension funds, insurance companies, family offices and fund-of-funds from across Europe, North America and Asia, the main findings are as follows:
Fay Margo, CEO, Brackendale Consulting: “Technology is becoming omnipresent in the modern private equity world, and it is encouraging to see LPs becoming aware of the role that technology plays within their investment processes. However, GPs still lag slightly behind in the adoption of technological tools, leaving them with some work to do.”
Gilles Pelosato, CRO, AssetMetrix: “As one of Europe’s leading accelerators for digital transformation in private markets, AssetMetrix is pleased to see LPs placing importance on the technological capabilities of their GP counterparts. We look forward to enabling both GPs and LPs to close the technological gap that still exists in private markets.”
Find the full report below:
For more information on the topic of technology in private equity, also read this article:
As part of the BAI Anniversary Brochure 2022, AssetMetrix’ CTO shares insights on the topic of technology transformation in private equity and looks at how fund managers and investors can turn challenges into opportunities.