Star Mountain Capital, a specialised lower middle-market investment firm, has signed a multi-year agreement with alternative investment data management SaaS platform Accelex.
Star Mountain plans to use the Accelex platform to process long-form performance reports for both their invested fund portfolio as well as secondaries pre-deal opportunities. Accelex is a key enabler in delivering investment transparency providing key insights for investors regarding cost and performance of funds.
One of the main challenges facing asset management firms like Star Mountain is the increasing amount of unstructured data that requires manual, time-consuming processing. Accelex aims to solve this challenge by not only digitising the process and allowing the allocation of resources away from processing and towards maximising investment performance, but also extracting key data that leads to a better understanding and analysis of fund portfolios.
