Private Equity : A growing asset class Private Equity (PE) is a growing asset class in Europe, observing a 7% increase in fundraising from 110 €m in 2020 to 118€m in 2021.1 Parallel to the rise of PE allocations, the risk of cyberattacks have grown as well. This trend was also highlighted during the 2022 edition of the Fintech Forum, held conjointly between the Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (APCR). The AMF and APCR identified the following patterns and consequences of attacks :  Attack patterns: Hijacking individual credentials Identity theft of legal or

The private equity industry is maturing and closing the transparency gap between the private and public markets. Funds are adopting SFRD regulations and are paying a closer attention to sharing more information with their Limited Partners (LPs).   To facilitate this transition, PE Cube provides a portfolio management solution that allows fund managers to have a clear, concise, and visual overview of the health and performance of portfolio companies.   By choosing PE Cube, the investment team can digitally create a history of customisable metrics for each portfolio company. Additionally, the team has the flexibility to define the period type

Regulation is more stringent The Autorité des Marchés Financiers (AMF) and the European Securities and Market Authority (ESMA) are becoming more stringent in terms of regulations related to Know Your Customer (KYC) and Anti-Money Laundering (AML). This adds pressure on management companies to verify and update these data points and documents more frequently. Moreover, as ticket sizes decrease and the number of Limited Partners (LPs) interested in Private Equity increase, the volume of data to manage and store rises. Today, KYC / AML is collected is manually, making the process tedious and extremely time consuming for the back-office manager. How

LPs demand more As the Private Equity industry matures, Limited Partners (LPs) increasingly demand more. They want management companies to publish more sophisticated reports to allow for greater transparency. A study carried out by Private Funds CFO Insight Survey 2022, informed that 64% of respondents (CFOs) agreed that LPs requested more details and prescribed for standardised formats of reporting.1   Personalising reports for all the LPs subscribed to a fund is taxing and monotonous for a back-office manager. Therefore, having a software that acts as a single point of truth is vital as it encompasses all the data points and

Introduction I am Antoine Sage and I would like to invite you to share a cup of tea with the personalities of the private equity (PE) ecosystem. Each guest talks about their expertise, their background, and their vision of private equity. To each his own cup of tea – GPs, LPs, regulators, providers, and partners, with the Private Equity podcast everyone is welcome as long as they enrich our vision of PE. To listen to the podcast in French, click here.  Keep reading for the translated English version.    Private EquiTEA : Valentine Baudouin – Lawyer to VC Investor  Antoine:

Boursorama opens doors to Private Equity In the past couple of years, Private Equity (PE) has seen tremendous growth that has catalysed the democratisation of the industry. Through this new offer, Boursorama gives its 4 million clientele the chance to invest in FPCR funds through its online trading platform Boursomarkets. These FPCR vehicles are accessible without entry fees with a minimum ticket size of: 25 € for subscriptions through a life insurance 100 € for subscriptions through a investment or PEA-PME account   The holding period for these investments is 8-10 years with varying annual fees depending on the fund

The AMF and other regulatory bodies are tighten their reigns on Private Equity fund management companies. Therefore, maintaining a clear audit track of the valuations of portfolio companies is vital.   Today, managements companies (GPs) primarily use Excel to conduct valuations. While Excel permits flexibility in the valuation method, files stored can be easily modified, changed, and duplicated into multiple versions. As a result, this prohibits GPs in preserving a clear record of valuations, leaving them vulnerable during an audit.   Digitalising your fund management with PE Cube covers your bases. The PE Cube software interacts with your Excel sheets

The Private Equity industry faces complex pressures in an uncertain macro economic environment. Additionally, democratisation brought through the arrival of retail investors has matured the ecosystem and has intensified investor and regulatory demands in terms of reporting. This enforces that PE fund management is ripe for digitalisation, with the potential to centralise data, manage workflows, increase reliability and security, and enrich investment decisions with data analytics.   Today, fund managers primarily use Excel to manage their funds, making it THE essential tool for Private Equity professionals. However, manual processes on Excel can be redundant, extracting no added value. Team members