CLOSE

Featured events

Events | Virtual

Bankruptcy and Restructuring: Navigating Distress in the Evolving Markets

22 Jun 2023

Learn more >

Events | Virtual

Private Funds Industry Live, Expanding Private Funds in Global Markets

10 Jan 2023

Watch the recording >

Events | Virtual

Private Funds Industry Live, Demystifying Private Capital Funds

6 Dec 2022

Watch the recording >
Show all events >
CLOSE

DE&I: Is it time to seek outside help?

21 June 2022

Send feedback

Limited partners are asking for more data than ever on diversity, equity and inclusion metrics, and while larger private equity firms have the internal resources to meet demand, for smaller groups outsourcing could be the way forward.

But soon, annual updates will not be enough. A report published this year by Intertrust Group found that more than a quarter of investors expect to have live on-demand information on DE&I in 10 years’ time, while around 30 percent will expect daily updates.

For Chitra Baskar, Intertrust’s chief operating officer and global head of funds and product, fund administrators have an opportunity to provide solutions as demand for data intensifies. In November, Intertrust launched a new end-to-end data gathering and analytics solution on ESG approaches for private fund managers. The product, which can also be used for DE&I data, supports local currencies and metrics and offers data validation features.

“Funds tend to outsource data collection, so it would increasingly need to become a part of the offering,” says Baskar. “It’s still growing, but there is definitely an increase in demand.”

Read more from Chitra Baskar on Private Equity Wire, here: