Chitra Baskar
President, Fund Solutions
Explore content
Show all >Featured articles and media
Insights | Corporate Client Services
25 May 2023
Read >
Featured articles and media
Show all media for Private Capital & Hedge Fund Services >Featured articles and media
Show all media for Capital Markets >Featured articles and media
Show all media for Private Clients >Featured events
Events | Virtual
22 Jun 2023
Learn more >Events | Virtual
10 Jan 2023
Watch the recording >Events | Virtual
6 Dec 2022
Watch the recording >Unleashing potential in the ESG era
More than three quarters of private capital CFOs are embracing ESG – but the race is on to tackle data and regulatory challenges.
Download nowMore than three quarters of private capital CFOs are now embracing ESG – but the race is on to tackle ever-complex data and regulatory challenges.
Download the reportIn 2022, ESG isn’t just a ‘buzzword’ – it’s fast becoming the ‘new normal’. But getting to grips with new ESG regulation – alongside hefty reporting pressures – is costly and complex.
When we surveyed CFOs at private capital funds last year, the majority anticipated daily, or even live reporting demands from investors. While demands for data remain high, this year CFOs are optimistic for the future – with many planning to diversify into new asset classes over the next 24 months. Above all, though, there is a real sense that ESG is now top of the agenda.
More than half of CFOs are now partway through their ESG integration processes – and more than a quarter say this process is complete. But obstacles remain around cost and resource constraints and the complexity of ESG data.
Technology can ease the burden here. Many respondents say they plan to complement in-house expertise with outsourced tech solutions, as they navigate these challenges.
Read on for more key insights from our research.
of CFOs say ESG is important to their LPs
say they are partway through integrating ESG into their operations
say this process is complete
of LPs want live or daily updates on portfolio performance
expect the same on ESG
of CFOs say outsourced tech solutions will help them meet these demands
US private capital faces growing pressure to provide more detailed real-time data on performance, cybersecurity and ESG. Such detailed information may become essential within two years.
The UK private capital market faces twin challenges of increasing regulatory constraints and a surge in investor demands for more detailed fund data
Private capital CFOs in Western Europe face increasing demands for data from regulators and investors. Meanwhile their role is changing as they take more strategic decisions within their organisation
As market complexities increase, CFOs of private capital funds in China are being asked for more data and reporting from their investors
President, Fund Solutions
View bioPresident, Fund Solutions
Chitra Baskar is Chief Operating Officer and Global Head of Funds and Product at Intertrust Group, a world-leading, specialised administration services provider listed on Euronext, Amsterdam. Chitra has more than 30 years of experience in the securities market and took on the COO role for Intertrust Group in December 2020 alongside her existing role of Global Head of Funds & Product. Together with her expert colleagues, she is dedicated to finding solutions for clients that allow them to transform and unleash the potential of their operating model by driving the efficiency, technology and insight needed to achieve a competitive edge.
CloseCountry Head, Luxembourg
View bioCountry Head, Luxembourg
David Sarfas joined Intertrust Group in 2020. In 2022, David moved to Luxembourg where he took the role of County Head.
David is responsible for driving the growth of Intertrust Group in Luxembourg, the largest fund domicile in Europe. David is supporting the development of new funds and private capital-related offerings, working closely with clients and prospects alike to grow the business.
David brings with him over 25 years of experience in financial functions, serving large multinational corporations and private equity firms with extensive financial, accounting and transaction experience. Before joining Intertrust Group, David worked at MUFG Investor Services and has also previously held roles at EY and PwC.
David is bilingual French and English.
CloseGlobal Head of Fund Sales
Product Director, Intertrust Group
Unleashing potential in the ESG era
More than three quarters of private capital CFOs are embracing ESG – but the race is on to tackle data and regulatory challenges.
Download now