December 3, 2021
Customization of Data in Private Markets
The private markets are in the midst of a dramatic, two-pronged shift. First, investors are pouring money into this asset class as they hunt for alpha and opportunities to diversify. And second, private assets such as real estate, infrastructure, private equity, and private debt are increasingly becoming commoditized as they become available to more retail channels. This is all great news for asset managers and asset owners in the private markets. But are they ready for it?
A crucial factor in the changing nature of private market investing revolves around data. Managers need to become more effective and efficient at managing, analyzing, and reporting on the vast quantities of complex and unstructured data related to existing and prospective investments. Improvements in these areas could be a significant driver of alpha, but more pressingly, asset owners are demanding it. They need greater transparency on holdings, the investment process, costs and on sustainability criteria, placing tremendous strain on the existing reporting capabilities of many asset managers.
Join our panel of experts as they discuss these data challenges and share findings from State Street’s recent survey of 170 asset owners and managers in the private markets. Learn how a comprehensive data strategy, one that spans front-to-back office and public-to-private markets, can help investors successfully navigate this market.
Marianne Oar, Managing Director, Private Markets Product Manager, State Street
Mark Filstrup, Senior Vice President, Head of Platform & Alternatives Architecture, AllianceBernstein
Jennifer Tribush, CAIA, Senior Vice President, Global Head of Alternatives Product, State Street
Tom Vogt, Vice President, Customer Success, Mercatus