Private capital funds face growing demands for transparency as mainstream investors increasingly turn to the sector to chase the higher returns it offers, new research from Intertrust and Global Custodian reveals

Intertrust Group, a specialist in providing administration services to clients in over 30 jurisdictions, estimates that around USD5.5 billion will need to be spent to meet these increasing demands worldwide over the next five years.

The report, entitled The future private capital CFO: Evolving in a digital age and created in partnership with Global Custodian, shows that CFOs at private capital funds expect their limited partners (LPs) to require data updates with increasing frequency over the next decade. Almost two thirds (64 per cent) of respondents expect their investors to be looking for access to live or daily updates on portfolio performance and 57 per cent on cybersecurity. Meanwhile 51 per cent of CFOs expect a need for daily or live updates on environmental, social and corporate governance (ESG) and 50 per cent on operational service level agreements (SLAs).

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Source: Private Equity Wire