FINANCE - FUNDS

Private market funds

‘Digital onboarding will probably see strong adoption in 2023’



Serge Weyland of Edmond de Rothschild Asset Management speaks at the Association of the Luxembourg Fund Industry’s upcoming private assets conference. Photo: Matic Zorman

Serge Weyland of Edmond de Rothschild Asset Management speaks at the Association of the Luxembourg Fund Industry’s upcoming private assets conference. Photo: Matic Zorman

The Association of the Luxembourg Fund Industry holds its Private Assets Conference 22-23 November 2022.

In advance of the event, Delano spoke with Serge Weyland, CEO of Edmond de Rothschild Asset Management. He speaks on the “Scalability of operations and the role of technology” panel, Wednesday 23 November at 4:10pm.

Aaron Grunwald: What do you want the audience to get most from the “Scalability of operations and the role of technology” session?

Serge Weyland: Practical examples of the use of digitisation to achieve process efficiency and increase client experience.

Opportunities and challenges of democratisation of private assets and the role of technology in this context.

From your point of view, what is the most pressing scalability challenge that private market fund firms will face in the coming year?

As most private market fund firms see strong growth in the UHNWI/HNWI segment, the biggest bottle neck will be LP on-boarding and AML/KYC.

AML/KYC checks on portfolio companies and ESG reporting are also other areas where scalability will be a challenge.

What technological solution will make the biggest positive impact in 2023?

Digital LP onboarding portal solutions will probably see strong adoption in 2023.

Specialist providers offering white labelled technology driven feeder solutions will also continue to develop strongly.

Beyond 2023 the emergence of tokenised assets and private asset token exchanges will probably emerge under the new “DLT pilot regime”.

Aside from your own talk at the Alfi event, which session are you most looking forward to hearing, and why?

I look forward to the panel on the first day on GP’s perspective in the current environment and how they tackle the impact of higher financing costs, inflation, LP sentiment, etc [editor’s note: Tuesday 22 November at 9:50am]. Asset managers face a number of challenges in the current environment and this session will certainly be insightful.

Edmond de Rothschild Asset Management is on Linkedin