NEW YORK--(BUSINESS WIRE)--iLEVEL, the leading portfolio monitoring, analytics and transparency platform for the global private capital markets, has been selected by European private equity firm HgCapital to support the optimization of their portfolio data management and reporting processes.
HgCapital has assets under management of over £5 billion, serving over 100 highly regarded institutional investors, including private and public pension funds, endowments, insurance companies and fund of funds. A staff of more than 100 people in investment offices in London and Munch manage three investment funds.
Amanda Good, Head of the Portfolio Projects team at HgCapital said: “iLEVEL will streamline our reporting process, enabling us to create reports faster and automate many of the tasks that previously had to be performed manually.”
Melissa Ferraz, Vice President, EMEA Client Development of iLEVEL said: “We are delighted a firm of the calibre of HgCapital has selected iLEVEL. With our recent expansion into the European market, we’ve experienced an overwhelmingly positive reception to the iLEVEL platform, with firms like HgCapital recognizing the value of leveraging data flows more efficiently.”
In 2014, iLEVEL launched their London-based operations and opened a European data centre in the United Kingdom.
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 11,500 portfolio companies.
HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Deeply resourced sector teams focus on specific sub-sectors and investment themes to identify companies occupying an established market position, and which have the potential to grow faster than their market, create employment and become the leader in their industry. HgCapital’s dedicated portfolio management team provides practical support to management teams to help them realise their growth ambitions. HgCapital invests in expanding segments of the TMT, Services, Industrials and Renewable Energy sectors across Western Europe. Based in London and Munich, HgCapital manages over £5 billion for some of the world’s leading institutional and private investors. For further details, please see www.hgcapital.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.