GPs spend up to half their time rechecking administrator data

88% of private capital GPs surveyed by CSC say their finance and operations teams spend between 11% and 50% of their time validating, reconciling, recalculating or recreating what their administrators produce.

Half of the GPs put the share at 11% to 25% of finance time, and 38% said 26% to 50%. CSC surveyed more than 300 GPs and 200 LPs across North America, Europe, the UK and Asia Pacific for its report Future Private Capital CFO 2026, published Nov. 11.

For allocators, the figure frames a due-diligence question: how much of a manager's finance capacity goes into rechecking the administrator, and what would move the fund to a single source of truth. GPs cite two obstacles to relying more heavily on administrator systems and data: 55% name regulatory or board expectations to keep full internal records, and 55% name data timeliness.

Seven in 10 GPs are targeting primarily outsourced operations or co-sourcing with a single strategic provider, and 97% of LPs expect outsourcing to specialist service providers to grow over the next three years. CSC says that shift changes what oversight requires, raising the weight of data standards, accountability and escalation paths.

"If teams are spending significant time checking and recreating information, that is time not being spent on higher-value analysis and decision support," said Marshall Saffer, managing director of fund and capital markets services at CSC. Chris Patton, CSC's regional head of funds for EMEA, said data is typically maintained across different systems and provided separately to clients, and that consolidating it into a single source gives managers a consistent format for reporting.