Abris Capital Partners has selected the iLEVEL Private Capital Data Platform to monitor and analyze portfolio performance.
Abris Capital Partners is a leading independent private equity fund manager focused on mid-market opportunities in the major countries of Central & Eastern Europe, headquartered in Poland.
“At Abris, we conducted a comprehensive analysis of the leading companies producing portfolio monitoring products, with a formal RFP process, and determined that iLEVEL met or exceeded our expectations in both technology and client experience,” says Stephen Richmond, CFO of Abris Capital Partners. “iLEVEL will not only make our process more efficient, but it has robust tools to handle the multiple currency investments we have in our portfolio.”
iLEVEL empowers managers of private capital to gain better control of their performance data by establishing a single source of truth that can be utilised for investing, fundraising or reporting. This data lives in a single central repository that is updated in real time and can be accessed through the web, an iPad or an existing excel model. iLEVEL tracks both portfolio company data and investment performance, and provides cross-portfolio analytics, which allow a deeper fund analysis than any other product on the market. This facilitates quick and educated decision making for the investment team, and better, more reliable performance data for investors.
“iLEVEL continues to grow at an incredible rate in Europe, with a 550% growth in clients from 2013 to 2014. Firms of all sizes and locations are realising that iLEVEL can change the way they organise and utilise their data,” says Melissa Ferraz, Vice President of Client Development. “We are excited for Abris to be part of the iLEVEL community.”
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.
