There has been an 'explosion' in LP demands regarding compliance, according to attendees at Private Funds CFO Network’s European Forum earlier this month.
Some LPs have felt so frustrated at the way continuation fund processes have been run that they have decided not to re-up with their manager, representatives from the investor body told Secondaries Investor.
The technology provider’s industry survey found that investment firms’ support staff work longer hours than they think, and suggests tech can make their work more efficient.