The Family Office Sherpa The Challenges of Private Markets Reporting, fortnightly roundup
5 snips
Oct 20, 2024 Family offices are diving deeper into private markets, but reporting can be a minefield. Insights reveal the need for improved reporting structures and how emerging tech can boost efficiency. Plus, catch up on Michigan State University's climb in the endowment rankings and a notable new hire at a Sydney family office. Tune in for a blend of industry trends and practical advice on navigating the complexities of private market investments.
AI Snips
Chapters
Transcript
Episode notes
Pre-Investment Due Diligence
- Before investing in private markets, conduct operational due diligence and understand the investment's impact.
- Consider who will provide updates and how they'll integrate with your reporting infrastructure.
Ongoing Maintenance Challenges
- Private market investments require ongoing maintenance, including portal access, reconciliation, and cost analysis.
- Consider whether to manage this yourself, outsource it, or use technology, and weigh the costs and benefits.
Portfolio Management in Private Markets
- Portfolio managers should strive for an aggregated view of their private market investments and seek clarity on exposure.
- Consider the level of detail provided by technology platforms and how to benchmark performance appropriately.