JPMorgan has launched DealVault, a new technology to track private equity investments valuations, performance, risk and exposure analysis and provide a platform for chief financial officer
JPMorgan has launched DealVault, a new technology to track private equity investments valuations, performance, risk and exposure analysis and provide a platform for chief financial officers, deal and investor relations professionals to centralise volumes of deal tracking information.
Developed by JPMorgan Private Equity Fund Services, DealVault is designed to integrates with accounting and back office systems and provide private equity investment professionals with a single platform to administer every aspect of a private equity investment’s lifecycle.
The products offers the ability to store portfolio company information in a web-based solution, package information in an audit-controlled environment favoured by auditors, facilitate ongoing independent reviews valuations, performance against investment thesis and trend analysis, and reduce time spent aggregating and reconciling volumes of data tracking data.
‘As a top-tier private equity firm, we must utilise the most advanced, efficient and strategic technology platforms available,’ says Marc Unger, chief operating officer of CCMP Capital. ‘DealVault is all of these things wrapped into one.’
Huw Jones, regional head of JPMorgan Private Equity Fund Services for Europe, the Middle East and Africa, says: ‘DealVault is the industrial-strength tool the private equity investment industry has been waiting for, particularly given valuation concerns in today’s volatile market, a dynamic, efficient and fully integrated solution with the controls and security that deal professionals and financial executives need.’
Launched in 2005, JPMorgan Private Equity Fund Services provides a full suite of administration services to private equity firms, real estate firms and institutional investors. It currently services more than 200 funds with USD50bn in committed capital and has more than 160 professionals at offices in New York, London, Sydney, San Francisco, Chicago and Dallas.
