DealCloud’s founder and president of financial services, Ben Harrison, was recently featured in The Scott Becker Private Equity Podcast. During the episode, Harrison discusses his experience founding DealCloud, trends in the private equity space, and more.
When speaking about what sets DealCloud apart from other software providers, Harrison said that DealCloud is focused on building the best technology solutions for the private capital markets firms.
“We have tremendous expertise and knowledge in what private capital markets firms do and what the professionals who work inside of these businesses need to be successful at their jobs.”
Harrison also discussed his journey of founding DealCloud and building the company to what it is today. Because Harrison worked in the private equity industry prior to starting DealCloud, he understood the pain points professionals in the industry were facing. He also spoke to current trends in the business and what he anticipates the industry to look like in the future.
“We’re seeing the benchmark of returns for private investments showing a pretty consistent outperformance compared to some of the public market equivalents. We’re seeing secular bull market trends where dollars are flowing from the public markets into the private markets.”
Harrison also said that firms are investing in the technology and infrastructure to support the scale of their businesses, and one of the technologies is DealCloud.
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