Private capital GPs lose time to data checks, CSC says

Private capital general partners are spending significant time checking fund administrator outputs, CSC said, with 88% of surveyed GPs saying their finance and operations teams spend 11% to 50% of their time validating, reconciling, recalculating or recreating those outputs.

CSC said its Future Private Capital CFO 2026 report was based on a survey of more than 300 GPs and 200 limited partners across North America, Europe, the U.K. and Asia Pacific.

The company said half of surveyed GPs put the time spent checking administrator outputs at 11% to 25%, while 38% put it at 26% to 50%. It said 70% of GPs are targeting primarily outsourced operations or co-sourcing with a single strategic provider.

CSC also said 97% of limited partners expect outsourcing to specialist providers to grow over the next three years. It said 74% of LPs identify IT systems and cybersecurity as important to operational due diligence, while 59% want a documented AI and data governance framework shared during due diligence.