The Institutional Limited Partners Association has partnered with CEPRES, an investment technology firm, to offer its members an upgraded version of the company’s PE.Analyzer Due Diligence System.
The product is a web platform which enables LPs to analyse fund managers’ track records at the single deal and portfolio company level.
GPs may also find the product useful, says Chris Godfrey, senior partner at CEPRES.
“What we’re saying to GPs is, ‘here’s how LPs will be evaluating you.’ It’s a way for managers to reflect on their track record, benchmark their deals and prepare for LPs due diligence queries,” he told pfm.
“The platform really cuts down on time spent managing the LP-GP relationship both during fundraising and then for regular IR communications, so investors can investigate more fund managers and handle a wider range of investment opportunities,” he added.