Elaine Chim heads the private equity product for the Americas and APAC at the Apex Group. From her position, she maintains a unique view of the market for fund administration and a broader array of client services for private equity firms.
In this episode, Elaine discusses the growing use of third-party administrators by private equity firms. She explains some of the trends behind this transition, including the importance of technology solutions that larger administrators can provide in scale, the ability to outsource functions that lead to cost savings and the need to follow an ever-increasing amount of regulations across multiple jurisdictions.
Elaine also talks about future developments and her belief that monthly and quarterly letters will become obsolete and replaced with real-time reporting. She concludes the episode with a brief description of the ESG impact on private equity, some of the related Apex products, and a plug for the Apex partnership with the Eden Reforestation Projects.
To learn more about Elaine and her firm. Please visit the Apex Group website.
Thanks also to our sponsor, DiligenceVault, creators of the first two-sided digital ecosystem for asset managers and allocators.