Michael Kaufman
← Speaking

Private capital & building

The Operating System for Private Capital

Why venture, private equity, real estate, and credit all run on the same broken back office, and what replaces it.

Every private fund runs on software that was never built for it: PDFs, spreadsheets, and a stack of disconnected providers. Michael argues that the back office is the same across asset classes, that the fragmentation is a solvable infrastructure problem, and that an operating-system approach is coming for it the way Stripe came for payments and Carta came for cap tables.

What the audience leaves with

  • Why fund operations are nearly identical across VC, PE, real estate, and credit
  • Where the fragmented provider stack quietly breaks down
  • What an operating-system approach unlocks for managers
  • Where private-capital infrastructure goes over the next five years

Who it’s for

Fund managers, allocators, fund-services and fintech teams, and alternative-investment conferences.