As the regulatory landscape continues to evolve, digitisation in private equity has moved from being a ‘nice to have’ to a ‘must have’.

Yet despite the widespread recognition of the value that technology can bring to the private equity industry, the digital gap remains. Relying on manual, legacy technology causes huge operational inefficiencies which absorbs GPs’ time with repetitive administrative tasks, instead of value-driving work on portfolio management.

However, these survey results suggest that the tide is turning on digital adoption in private equity, with many firms channelling investment into data platforms, investor portals and onboarding processes. This is a positive indication that firms are prioritising relieving the administrative burden and freeing up fund managers’ time to focus on more specialised tasks like portfolio analysis and allocation.

As the world becomes increasingly digitised, we expect to see major steps forward in digital adoption in the private equity sector to enhance efficiencies over the next few years.