Being a CFO in the private equity industry is becoming more complex as the role continues to evolve. Earlier this year, AltaReturn commissioned a survey of private capital CFOs to gauge their thoughts in four distinct areas: outlook, role, accounting and LPs.
An important finding regarding outlook: “With regards to how CFOs are looking at their operations and technology, a significant majority (69 percent) identified improving portfolio monitoring as their most important initiative going forward – higher than cybersecurity (29 percent) and fund accounting (20 percent),” Andre Boreas, head of marketing at AltaReturn wrote.
CFOs concerned with cybersecurity should take a look at sister publication Private Debt Investor’s recent article on three ways to fend off cyber-attackers.
This email was prepared by Brian Bonilla