iLEVEL continues to expand their fund of funds client base
iLEVEL, the leading portfolio monitoring, analytics and data management platform for the global private capital markets, has been selected by Mesirow Financial Private Equity to track their investments and gain more transparency into their portfolio performance. Mesirow Financial Private Equity Advisors, Inc., a SEC-registered investment advisor, manages various private equity strategies and is part of the investment management division at Mesirow Financial, a diversified financial services firm based in Chicago.
“At Mesirow Financial Private Equity, it is imperative that we are getting the most detailed data we can from our funds and their portfolio companies. iLEVEL will enable us to monitor performance at the portfolio company level so that we can make informed investment decisions and provide our investors with the details they are seeking,” said Bob DeBolt, Chief Investment Officer of Mesirow Financial Private Equity. “iLEVEL will make our business more efficient and allow us to easily understand where value is created across our portfolio.”
iLEVEL offers many unique features for LPs and Fund of Funds to extract more detail from their quarterly performance reports including: asset level analytics, performance to investment thesis, levered and unlevered exposures, valuation metrics and other key performance indicators. The platform also enables investors to calculate their IRR, portfolio wide, at the manager or fund level. Additionally, investors can view performance across investments, geography and industries. Performance can be viewed on the Web, in Excel models, and on iPads allowing for flexibility and mobility.
“iLEVEL continues to grow in the fund of funds and co-investment space as these managers are facing the same challenges as traditional Private Equity General Partners and want to extract more insight from their data at the company level,” said Michael Sala, Executive Vice President, Client Development of iLEVEL. “The iLEVEL platform optimizes private capital managers’ quarterly data collection and then empowers them to get more from their data with tools that deeply analyze their portfolios. We are excited to have Mesirow Financial Private Equity as a client.”
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 62,000 portfolio companies.
About Mesirow Financial Private Equity
With approximately $4.5 billion of private equity commitments since inception, Mesirow Financial Private Equity manages private equity strategies through co-mingled and separately managed account vehicles to a global institutional client base. Its parent company, Mesirow Financial Holdings, Inc., is a diversified financial services firm with expertise in Investment Management, Global Markets, Insurance Services and Consulting. Founded in 1937, the firm remains independent and employee-owned with approximately 1,200 employees globally. For more information, please visit mesirowfinancial.com.
Ipreo is a leading global provider of financial services technology, data, and analytical services, supporting all participants in the capital-raising process including sell-side professionals, finance officers at private and public companies, institutional investors, and asset managers. Ipreo’s solutions for private capital markets are the premier choice for the private capital industry to address growing pressures for transparency and regulatory compliance. Our full range of products offers solutions for portfolio assessment, valuations, investor reporting, operating metrics, or investment performance. Ipreo is private-equity held by Blackstone and Goldman Sachs Merchant Banking Division, and has more than 1,100 employees serving clients in every major financial hub around the world. Learn more at PCM.Ipreo.com.
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