The need for scalability, transparency, security, organization and optimizing business processes in order to save time, resources and money is increasing. How can firms overcome these challenges to get ahead of the competition?
Whether it’s a relatively new company like Facebook or one that’s been around since the ‘50s like McDonald’s, going public has historically been the end goal for most businesses. Today, while the number of initial public offerings (IPOs) continues to rise steadily, the data shows…
Compared to measuring public market investments, benchmarks for private equity funds are a whole a different ball of wax. As a relatively new asset class with irregular cash flows, private equity requires a different way of thinking than other asset classes.
Service — this is where best-in-class firms truly differentiate themselves from the competition. Instead of creating a more tactical management style, these savvy firms strategically position themselves to become less about “doing things right” and more about choosing the “right things to do” for their investors.
Once you’ve raised the money for the fund, you may feel that the hard work is over. But even though you’ve secured and committed the business, you’re still only halfway to a successful investor relationship. The truth is that the real work is just beginning. The worst thing a firm can do is behave like their job is done once they’ve closed an investor.
In the first post in this series, we covered the importance of accurate data for private equity firms in our first post. Now in the second installment, we’ll discuss how to formulate an effective strategy for efficiently managing and accessing more accurate data.