General Partners are operating in a landscape that demands speed, precision and clarity. As portfolios become more complex and investor expectations rise, the tools GPs use to manage data, reporting and collaboration are being put under a microscope.
Across the private capital markets, firms are rethinking their technology stack not just to modernise, but to gain a competitive edge. So, what are the real priorities for GPs in 2025 when it comes to tech?
A single source of truth
Data silos are still one of the biggest frustrations. Whether it’s fund metrics, portfolio company updates or ESG progress, many teams still rely on fragmented tools and manual processes that slow down insights and create risk.
What GPs want is one place to manage all this. A single platform that connects portfolio data, fund performance, deal information and operational KPIs in a consistent and accessible way. This kind of integration supports faster decision-making and stronger collaboration between investment, operations and finance teams.
Automation that creates space for strategy
The value of automation lies in what it frees teams up to do. GPs are moving toward platforms that remove the burden of repetitive manual work, especially when it comes to reporting, data collection and performance tracking.
For many firms, quarterly reporting alone is a time drain. Automating this process, while maintaining accuracy and presentation quality, is now a baseline expectation. The same goes for updating investor dashboards or generating what-if scenarios to model carry and IRR impacts.
Real-time insights over static reporting
Having a live view of portfolio performance is no longer just nice to have. GPs want to understand where value is being created or lost in the moment, not after the fact.
This means tracking more than just high-level metrics. Operational performance, business plan delivery and financial health need to be visible and easy to interpret across assets. Real-time dashboards and forward-looking modelling are helping firms stay agile and identify problems before they grow.
Customisation and flexibility
One of the biggest shifts is the move away from rigid, one-size-fits-all systems. GPs want the flexibility to shape their tech stack around how their teams work, not the other way around.
That includes the ability to configure data fields, adjust workflows and build custom reports that suit their firm’s strategy and investor expectations. Especially for multi-asset funds or those managing across regions, flexibility is critical for efficiency.
Better LP communication tools
Transparency and speed are now expected by LPs. GPs need to be able to share fund performance, asset updates and business plan progress clearly and consistently.
This is pushing firms toward tools that make it easy to produce high-quality, tailored reports and dashboards that match investor requirements. From drag-and-drop reporting to digital access portals, the ability to communicate confidently with LPs is increasingly seen as part of the core tech stack.
Smarter tools, not just more tools
Finally, GPs are becoming more selective about what they adopt. The focus is shifting toward intelligent platforms that bring clarity and reduce noise. Rather than adding more tools, firms are consolidating what they use and prioritising platforms that surface insights rather than just store data.
That includes adopting AI features that assist with forecasting, anomaly detection or scenario planning, without overwhelming users or requiring a steep learning curve.
Where the industry is heading
As private capital continues to mature, operational excellence will increasingly depend on the strength of a firm’s technology foundation. The best stacks are no longer just functional; they are proactive, flexible and designed to scale with the firm.
At Untap, we work closely with GPs to build precisely this kind of foundation. Our platform is designed to support the full portfolio management lifecycle, from value creation tracking to investor reporting, all in one place.
Ready to see what that looks like in practice? Get in touch!