NEW YORK--(BUSINESS WIRE)--iLEVEL, the leading portfolio monitoring, analytics and transparency platform for the global private capital markets, has been selected by Garrison Investment Group to manage their portfolio data and streamline their reporting process.
Founded in 2007, Garrison Investment Group focuses on deploying capital in opportunities across corporate finance, financial assets, and real estate. Garrison will initially implement iLEVEL for their Business Development Company (BDC) and Corporate Lending funds.
“As our BDC and Corporate Lending businesses continue to grow, we recognize the need for a system to help us analyze portfolio data and report to our investors with greater efficiency and transparency,” said Michelle Rancic, Chief Accounting Officer, Garrison Investment Group. “With iLEVEL, we can standardize portfolio data, better identify trends, and create a single access point for professionals across our organization.”
Ms. Rancic added that iLEVEL will also help them automate the collection and management of their portfolio data while streamlining their valuation, asset management, compliance and reporting processes.
“A growing number of BDCs and direct lenders are choosing iLEVEL to minimize the administrative burden and gain a deeper level of insight from the data,” said Kevin Black, CEO of iLEVEL. “We welcome Garrison to our diverse community of iLEVEL users, which includes venture, buyout, real estate, distressed debt, mezzanine, and many other players.”
The number of firms on iLEVEL has doubled in the past year and includes alternative investment firms of varying sizes that employ a wide range of investment strategies including Private Equity, Real Estate, Credit and Venture Capital. Leading LPs and Funds of Funds are also adopting iLEVEL. More than 5,500 iLEVEL users span the globe, tracking over a billion data points across nearly 50,000 portfolio companies.
About Garrison Investment Group
Garrison Investment Group is an alternative investment and asset management firm founded in March 2007. Garrison Investment Group invests opportunistically in the debt of middle-market companies, primarily in the areas of corporate finance, real estate finance and structured finance. For more information, go to garrisoninv.com.
iLEVEL is the leading portfolio monitoring, analytics and transparency platform for the global private capital markets. iLEVEL’s SAAS, cloud-based platform empowers fund managers and investors to harness their data and gain insights and transparency never before possible in private markets. Investors in iLEVEL include Blackstone (NYSE:BX), The Carlyle Group (NASDAQ:CG), Duff & Phelps, Hamilton Lane, Swift River Investments, and Egis Capital Partners. For more information, visit www.ilevelsolutions.com.