DealCloud Featured in Preqin’s Service Provider Special Report

Press & News

DealCloud’s Co-founder and President of Financial Services, Ben Harrison, was recently featured in the Preqin Special Report: Service Providers in Alternative Assets 2020.


In the report, he discusses how over the past decade, investment management, banking, and credit firms alike have flocked to data providers like Preqin with the hopes that access to verified data would help them make faster and more informed decisions in their day-to-day deal-making. What many firms have failed to thread the needle on, however, is operationalizing that data and making it a part of their day-to-day workflow.


The challenges facing alternative assets in 2020 have changed the landscape for fund managers and service providers. As private capital fundraising slows and capital concentration increases, competition for both capital and partnerships has intensified. The effects of COVID-19 are forcing capital markets firms to invest in third-party and proprietary data to act quickly and decisively, instead of being hindered by slow, labor intensive processes and outdated workflows.


Read Preqin’s report to better understand fund manager views on their service providers, and for comprehensive league tables of service providers operating across private capital and hedge funds. The report also offers expert commentary from Preqin’s partners on why fund managers want technological expertise, and why data and insights may prove the difference in an increasingly competitive market.


Click here to read the full report >



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Olivia Simons

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