China's private capital funds must invest to meet investors' increasing demands for transparency, Intertrust Group says
Intertrust Group, a world leader in providing specialised administration services to clients in over 30 jurisdictions, estimates that around US$5.5 billion will need to be spent by the world's private capital funds industry to meet these increasing demands over the next five years.
- Intertrust Group, a world leader in providing specialised administration services to clients in over 30 jurisdictions, estimates that around US$5.5 billion will need to be spent by the world's private capital funds industry to meet these increasing demands over the next five years.
- Although extensive investment will be required to meet these greater demands, they are also conflicting with private capital funds' traditional leaning towards confidentiality.
- Intertrust Group warns that private capital funds must either meet the demands or face significant competitive disadvantages and possibly regulatory pressures.
- *Source: Global Custodian in partnership with Intertrust Group; a global sample of 300+ chief financial officers at private capital funds were surveyed between 20 November 2020 and 26 January 2021, including 54 in China