More than half (55 per cent) of global institutional investors think the financial reporting they receive from private market managers needs to improve, a percentage that increases to 70 per cent among U.S. investment organizations, according to a new report by Crisil Coalition Greenwich.
The report, which is based on interviews with 362 institutional investors conducted between February and September 2025, found these asset managers are falling short in terms of their communication service and other forms of support.
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The unique environment for private investments makes it so investors rely on their asset managers for support, the report noted, including clear communications while monitoring cash flows in drawdown funds. Indeed, asset owners review managers based on the quality and depth of reports.
“At a moment when investors have real concerns about recent developments in private credit and private equity, private market asset managers’ client service and investor communications capabilities are coming under the spotlight, in many cases for the first time,” said Parijat Banerjee, global co-head of investment management at Coalition Greenwich, in a press release.
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