Case study

Data without limits

CD&R is an established, well-known fund manager in the industry. With over $70 billion in assets under management, the firm's investment strategy focuses on enhancing the performance and profitability of businesses across sectors, including consumer products, financial services, healthcare, industrials, business services and technology.

The firm’s growth – in what is already a highly competitive and complex industry – required an update to its internal technology platform.

As private equity expands into additional capital sources, sponsors need to continue in their own journey of scaling to accommodate their growth and gain insights from their data.

FIRM

CD&R

LOCATIONs

New York, London

ESTABLISHED

1978

Addepar users

400–500+

Assets under managment

~$70+ billion

THE CHALLENGE

Scaling smart

CD&R faced the challenge of balancing the needs of a diverse set of stakeholders, including executive committee members, industry vertical leads, general partners, limited partners, deal teams, investor relations and portfolio companies. These stakeholders require timely reporting with differing but complex data sets.

CD&R was focused on three primary challenges: 

Centralized Data Management and Advanced Analytics: A unified ‘single source of truth’ was critical to integrating data for comprehensive reporting and analysis. The analytical tools had to be sophisticated and robust enough to accommodate analysis as well as data management.

Customization and Reporting: To deliver highly specific, personalized reports to various stakeholders quickly, accurately and at high volume, flexibility and customization were key. 

Scalability, Speed and Flexibility: CD&R wanted a tool to meet needs today that could also scale with the firm.

As the scale and complexity of our firm increases, the demand for information from our general partners and the firm has increased. Addepar has enabled us to not only meet the demands, but do so in greater depth and much faster than we would have otherwise.

Jillian Griffiths, CFO

THE RESULT

Powerful flexibility, all in one place

CD&R chose Addepar as one of its key data management and reporting platforms based on the platform’s capabilities and the positive experience a key team member had with Addepar when previously implemented at another firm.

Flexibility and scale were paramount. Andrew Jaskol, CD&R’s head of FP&A, calls Addepar “infinitely scalable,” accommodating CD&R’s growing needs and adapting to evolving business requirements.

Addepar functions “as an advanced data warehouse” for the firm, providing both the analytical depth and the reporting capabilities required. This “central source of truth” ensures data teams can know the data for reporting dashboards is going to be the same for capital calls. 

Thanks to Addepar, we're now clicks away from the data we need. Ad hoc inquiries that used to require several hours of data compilation are now addressed in minutes through Addepar's centralized database.

Josh Sposito, FP&A

Addepar’s analytics tools fuel on-demand reporting, allowing CD&R to broadcast personalized information quickly to its stakeholders. The platform enables the generation of highly specific, customized reports tailored to stakeholder’s needs, complete with insights and analytics to back them up. The transition from manual Excel-based reports to system-generated outputs has transformed CD&R’s internal reporting. Today, over 500 people can pull the data they need directly from Addepar through easy, self-serve dashboards. 

Addepar’s flexibility, speed and accuracy have empowered CD&R to enhance its internal reporting capabilities and manage its extensive data requirements more efficiently and effectively as it continues to grow.