Yuriy Shterk, Chief Product Officer at Allvue Systems, discussed the importance of managers developing a comprehensive data strategy with Global Custodian.

Amid the rapid growth of the private markets, fund managers have had to adapt to quickly to an evolving landscape characterized by an influx of competitors and pressure to diversify investment strategies.

Against this backdrop, firms consistently cite data management as an ongoing challenge. In Allvue’s recent survey of GPs, 70% of respondents referenced LP and regulator reporting or data requests as one of their top operational challenges.

In the Global Custodian article, Shterk dives into:

• The trend of fund managers diversifying their investment strategies
• The challenges and inefficiencies associated with segmented data
• The range of benefits gained when implementing a dedicated data platform

Read it here: “The next great challenge for private equity: Consolidating segmented data in the age of diversification