The rate at which private equity firms are looking to outsource parts of their operations continues to increase, according to Ocorian, a specialist in corporate and fiduciary services, fund administration and capital markets.
Ocorian says tit has seen a significant increase in enquiries this year from private equity firms looking to outsource when compared to the same period in 2021.
In addition, Ocorian says increased scrutiny by regulators, with US regulators warning private equity managers to expect more fines and enforcement actions for overcharging investors, is stretching in-house compliance teams and causing GPs to reassess.