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The Limited Partner’s Guide to Fund Operations

Benchmarking and evaluating services and strategies in an evolving market

Overview

As complexity increases across private markets, LPs are turning their attention beyond performance to the operational infrastructure supporting the funds they back. Transparency, regulatory compliance, and advanced technology have become key differentiators in manager selection.

The Limited Partner’s Guide to Fund Operations draws on insights from 150 institutional investors across North America, EMEA, and Asia Pacific. It explores how LPs are raising the bar on operational due diligence and offers practical tools to benchmark, evaluate, and strengthen their diligence frameworks.