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PE Tech Awards

Meet the participants

Ylookup

Ylookup, launched in 2026, is the first AI platform built specifically to automate the operational infrastructure of private capital. Powered by a proprietary multi-agent reasoning model trained on thousands of private capital operations workflows, documents, and data structures, built to solve the single most acute operational painpoint in the industry: onboarding new fund mandates in a world of exponentially compounding private capital complexity. Unlike general-purpose AI adapted for finance, every layer of our architecture, from document ingestion to cross-jurisdiction reconciliation, was designed from the ground up for this industry and this problem alone. We are deeply embedded inside some of the largest fund administrators in the world, and scaling fast.

The world has changed for good. We are no longer in a world driven by public markets. This year, for the first time, more revenue is being driven by private capital than public. This is an irreversible shift in how the global economy is owned and operated. $29 trillion in AUM by 2029. 96% of companies above $100M revenue are private. The entire edifice of global wealth has moved off exchange, and it is never coming back.
But behind it the entire operational process is breaking.

AUM has doubled since 2018. Operations headcount has grown 8%. The gap between those two numbers is filled by fund accountants working nights, missing deadlines, sending errors to clients, and quitting. The firms that do not solve this in the next three years will not survive the next ten.

The problem has a name. The messy manual middle. Everything between source data and client deliverable: extraction, mapping, re-keying, reconciliation, formatting, sign-off. 80% of a fund accountant’s working hours. Entirely manual. Inauditable. Unchanged for 20 years.

Ylookup eliminates it. When a fund admin wins a new client mandate today, they receive hundreds of spreadsheets, thousands of investor records across jurisdictions, inconsistent formats, missing data, and a contractual deadline to ingest every row before the mandate goes live. Done manually, that is months of work and in some cases 10-20 additional hires. Ylookup processes it in hours, at any scale, with full audit trail.

This is possible because our proprietary multi-agent reasoning model was trained specifically on the data structures, document types, and operational logic private markets actually runs on. LP registers, NAV templates, trial balances, multi-jurisdiction investor records. The industry has been waiting 20 years for this. We’re here now.

Response to the European Commission Targeted Consultation on Private Equity Exits