The Private Capital Data Standards Alliance (PCDS), formerly the Adopting Data Standards Initiative or ADS, is an international membership organization and a cross-collaboration of private capital stakeholders that are working together to:
PCDS seeks to promote standards that will facilitate digital reporting between GPs and LPs. PCDS believes that a common reporting language will provide a solid foundation for the free market to solve for the higher technology and analytical needs of all market participants.
PCDS is supported by many organizations including:
PCDS supporters recognize the fundamental need to create a non-commercial and technologically "agnostic" standard for all market participants.