Investments in own tech key priority for PE and property managers – Survey

A survey of approximately 100 private equity and property managers globally has found that investing in technology remains a key objective of these businesses as they seek to invest in future growth as well as guard against risks in areas such as cybersecurity.

The survey, published by Augentius, which provides administration services to the PE and property sectors, found that only one in ten companies put technology investments low down their priority lists.

Cybersecurity, for example, was found to be a concern among 54% of managers surveyed, who said it was one of their top two investment priorities in 2018. The other leading priority is data management and the cloud.

Looking further into the future, many also highlighted artificial intelligence, AI, and machine learning as areas that could have a big impact on how private equity operates in coming years.

However, despite showing a will to invest in technology, many firms are also struggling with legacy systems and internal lack of IT leadership, the survey also found.

Ian Kelly, group CEO of Augentius, said: “It’s fair to say the old stereotype of the industry lagging behind when it comes to seeing the importance of technology is now firmly outdated. The results underline how attitudes have shifted.”

To read the full results click here: Augentius Tech Survey


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

Read more from Jonathan Boyd

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!