Summary: THIS IS AN AUDIO-ONLY VERSION OF A VIDEO INTERVIEW FOUND ON PRIVCAP.COM. VIEW THE FULL VIDEO HERE: Part 2 of a fascinating 3-part conversation. It wasn’t so long ago that GPs could raise a new fund with little more than a PowerPoint deck and a private placement memorandum. Then the financial crisis hit and LPs started putting GPs under the microscope like never before. Today LPs are digging deeper and demanding more "invasive" transparency. Your expert guides to this crucial topic are Matthew Pedley, Principal at The Blackstone Group, Pawan Chatuverdi, Partner at Altius Associates, and Jennifer Cho Rinehart, Managing Partner at MVision Private Equity Advisers. The three examine the types of data requests LPs are now making as part of the fundraising due diligence process. They also discuss whether some LPs are pushing too hard and crossing the line in their efforts to squeeze more information from GPs. They reveal the sources of LP data demand and explain why it is now important for GPs to “bend over backward to accommodate any request from an LP,” as Pedley puts it. This program is a must-see for any GP about to hit the fundraising trail and for any LP researching best practices in the due-diligence process. The first video in this series, “Track Records and Transitions,” is available here. The segment also includes an expert Q8A with Jennifer Cho Rinehart of MVision, sponsor of this series. Registered users of Privcap may access the 18-minute chaptered video program, the full transcript and the audio-only version, as well as Privcap’s entire archive of thought-leadership content.Register here. It’s free and quick
