Private Markets & Alternatives Capability

We design the operating model that lets listed and private assets run on one estate: which platform holds what, how the private book's processes connect to the manager's existing operations, and where specialist steps — valuations, calls, registers — sit. The design is built to scale with the allocation.

Quarterly valuation cycles need a repeatable routine: inputs gathered on schedule, marks reviewed and approved, and a clear record of how each valuation was set. We build that routine and the asset-level records behind it, so the book's value is explainable position by position.

Calls and distributions are cash-critical and deadline-driven. We build the process from notice to cash movement to investor allocation as a controlled, scheduled operation — with the checks in the process itself — so volumes can grow without the month becoming a scramble.

One trusted record of investors, commitments, drawdowns and distributions replaces the spreadsheet versions held by different teams. We put the register into systems that reconcile, with ownership assigned, so investor positions and unfunded commitments are always current and provable.

Illiquid assets need accounting and custody arrangements designed for them: NAVs for funds holding privates, administrator and custodian roles defined, and the accounting record reconciled to the investment record. We design the arrangements and integrate them with the rest of the estate.

Much of the private book's data arrives in documents: capital-call notices, quarterly statements, agreements. Working with our AI & Automation practice, we extract and structure that data into the systems of record, with a person confirming what the automation reads.