PE Tech Report

Solutions

73 Strings is a global FinTech shaping the future of how illiquid assets are analysed, valued, monitored, sourced, and transacted utilizing augmented intelligence solutions for financial valuation and related performance analytics. CEO and Co-founder Yann Magnan (pictured) chats to Private Equity Wire about the sector’s opportunities and challenges for the coming year.
The past two years have been marked by an increase in regulatory reporting standards on sustainability factors, the consolidation of voluntary reporting standards, and a rise in industry-led initiatives. The rapid pace of development in reporting and transparency needs has left many sustainability practitioners holding more responsibilities and feeling overwhelmed to meet these new demands. In response, at Novata, we have spent some time honing in on top trending themes. 
Even though interest rates have been rising, institutional investors continue to show interest in alternative investments. Sofia Harrschar, Head of Alternative Investments and Structuring at Universal Investment Group, explores the evolving dynamics of the market and highlights key opportunities in private credit. 
As ESG matures in private markets, private equity is well-positioned to lead the charge on progress. A recent Novata and Oliver Wyman study underscored the strategic advantage private equity firms have to tap into the value creation opportunities of ESG by considering these environmental, social, and governance factors across the investment lifecycle. The report revealed four archetypes representing the various states of ESG maturity across European PE funds, ranging from basic to best practice.
Data explosion
While significant effort is put into managing the digital strategies of their portfolio companies, private equity managers should not forget about managing their internal processes and data flows. Significant value can be created by focusing on data management across the investment life-cycle.
CAIS, an alt investment platform providing independent financial advisors with access to a broad selection of strategies including hedge funds and private equity, has expanded its relationship with BNY Mellon’s Pershing.
Global private investment firm Carlyle has implemented Broadridge Financial Solutions’ cloud-based Sentry PM solution to support its private credit and collateralised loan obligation portfolio management.
Godspeed Capital Management LP, a lower middle market Defense & Government services, solutions, and technology focused private equity firm, has announced the formation of Crimson Phoenix, a data and intelligence solutions platform designed to support critical mission requirements of the U.S. Intelligence Community and U.S. Special Operations Command.
S&P Global Inc is expecting to see an increase in revenue from rating private debt financings as investors look for more information about the risks their money managers are taking on, according to a report by Bloomberg.
JPMorgan Private Bank has launched its new Fund Banking Group, a division of the US Private Bank’s business focused on the banking, lending and investing needs of private equity and venture capital funds and their principals.

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16 May, 2024 – 8:30 am

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