Data Management

Investment managers believe fund administrators will play crucial roles in facilitating the adoption of new technologies that include generative AI, according to a new international survey. The report comes from fund administrator Alter Domus and consultancy Deloitte. The survey sample includes private markets GPs, according to a spokesperson who shared the findings. Fifty-six percent of […]

The fund administrator developed BluePrint to bring together data from different sources to streamline processes.

Large GP ditches fragmented approach in favor of one vendor – and opts to go further outside.

GP stakes investor and portfolio companies use software to scour data.

'Purpose built' offering features LP reporting, portfolio management and accounting.

Pete Keenan, vice-president of finance at 645 Ventures, and Adam Devine, co-founder at Foresight Data, discuss advances in technology that allow fund sponsors to bring together data from different sources in order to help finance leaders make decisions that maximize portfolio value.

The fund accounting tool connects with the firm’s fund ops platform making financial functions faster and more efficient.

Offering will give LPs – including those who act as GPs of secondaries funds and fund of funds – and fund administrators asset-level data.

New offering relies on AI for data gathering and processing, with people reviewing the work.

Managers are overhauling their data management processes to cope with intensifying LP demands for more detailed information.