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.
About HgCapital
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.
About iLEVEL
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.
Copyright Business Wire 2015