Do you ever wonder how your fellow fund managers keep up with their clients? With so many changes in today’s organizations, it’s easy to lose track, isn’t it? You scout new prospects. You identify the decision makers. You zero in on the points of influence. Who has time to file multiple reports and monitor all this information in multiple places?
If you’re in any aspect of private equity, you understand that technology is a critical component of your deal team’s operations. But how should PE firms decide which technology to select to underpin their deal management processes? This blog post helps private equity firms to bridge the gap by describing the three most important factors to consider, as well as their implications. The three factors are:
By Clint Coghill
Two months ago, I had the opportunity to moderate a panel at Agecroft’s Gaining the Edge hedge fund conference called, “The Arms Race to Alpha.” My co-panelists consisted of asset owners who allocate to hedge funds: Alifia Doriwala of Rock Creek, David Gilmore of The Harry and Jeanette Weinberg Foundation, Karen Inal of The Andrew Mellon Foundation, and Robert Kiernan of Advanced Portfolio Management. We got together on stage to talk about the innovative ways they’re seeing hedge fund managers drive alpha, and I thought I’d share the most illuminating takeaways from our session.
It’s not always what you say, but how you say it that counts. Especially when you’re asking investors to update their personal information via email or worse, mailed paper forms. That doesn’t exactly scream effective and expedient communications.
By the Backstop WIT Group
Two years ago, a group of women at Backstop created the “Women & Gender Minorities in Technology” group as part of our employee-facing diversity and inclusion programming efforts. The “WIT” group provides active affirmation of Backstop’s support of diversity and inclusion. It also strives to provide opportunities for fellow Chicagoans to take a deep-dive into the most interesting and relevant topics in the financial services industry.
One of those opportunities recently saw us hosting a panel offering real-world perspectives on impact investing and the benefits it can achieve, particularly with regard to promoting diversity and inclusion. The theme of the WIT gathering was, “The Impact of Impact Investing: How Diversity & Inclusion Have Bolstered Performance.” The goal of the event was to help educate and share experiences on the growth of impact investing and its importance in solving major problems and promoting greater social and corporate responsibility.