DealCloud, an Intapp Company: Best Secure Workflow Management Provider – Despite operating almost completely remotely, in a post-pandemic world, many dealmakers are expected to become road warriors again. In view of this, technology will remain pivotal to ensuring they are coordinated and prepared for both on-site and remote meetings or due diligence.
Validus Risk Management: Best Risk Management Software Provider – Though the start of the pandemic in 2020 may have rocked the industry, many private equity firms went on to have a stellar year, with some raising record funds. As fund-raising activity and deal-flow increased, more general partners (GPs) sought support from their partners. The growing focus on risk management also led to more clients looking for risk advisory, hedge strategy execution and technology solutions.
ACA Group: Best Regulatory & Compliance Firm – Fundraising is expected to increase in the second half of 2021 into 2022 and as private equity firms face challenges on various dimensions, support that blends practical and regulatory advice is becoming critical.
One Ten Associates: Best Recruitment Company for Operations & Finance – Recruitment in private equity is evolving. Managers want to build holistic relationships with recruiters who have a greater understanding of their business.
Options: Best Technology Infrastructure Provider – The outlook for the private equity market is particularly buoyant, with firms expected to increase their headcount and push hard on cost efficiencies. They will also be delivering digital transformation projects within a context of continued remote working environments.
Alter Domus: Best Fund Administrator (GPs with assets >$30bn) – Progress in technology is driving managers to create more complex private equity strategies and as products are globalised, the lines which historically were drawn between segments are blurring. There is also growing specialisation in the industry.
Crestbridge: Best Fund Administrator – Technology – As diversification continued to be critical amid the general disruption experienced this year, private equity managers have sought increasing assistance to support their expansion across domiciles and asset classes.
Wheelhouse Advisors: Best Accounting Firm – Private equity firms in the UK and Europe must brace themselves for significant change as a wave of new regulation is due to be implemented in January 2022 and UK firms understand how to continue marketing their funds across the EU in a post-Brexit world.
Jensen Partners: Best Recruitment Company for Investor Relations & Asset Raising – Diversity is increasing across the private equity industry as firms are launching new strategies and building new teams, meaning they are recruiting and hiring talent in large numbers. This is happening as general partners (GPs) and limited partners (LPs) call for greater transparency and accountability on diversity, equity and inclusion (DEI).
Lionpoint: Best Technology Advisory Firm – The changes and uncertainty which have come to light in the past year, coupled with the increasing speed of the private equity industry, have highlighted the need for faster, more reliable data to enable real-time forecasting and portfolio monitoring, accounting fund administration and performance.