Welcome!

News Feed Item

iLEVEL Releases v6.6 and Announces BC Partners As Latest Client

iLEVEL, the cloud-based software provider to the private capital market, today announced the immediate and general availability of iLEVEL v6.6 with new features that extend iLEVEL’s lead in the fast-growing portfolio monitoring market. Additionally, iLEVEL is pleased to announce that BC Partners, a leading European private equity firm with advised funds of $17.5 billion, has selected iLEVEL to track its investment portfolio. iLEVEL’s client list is larger than the combined lists of all its competitors.

Jerome Losson, Partner at BC Partners on selecting iLEVEL:

"In the context of optimizing our portfolio monitoring tools and processes, we compared iLEVEL to other solutions available on the market. We felt that the functionality it offered was best-in-class, and were able to talk to iLEVEL clients satisfied with deployment and support services. On this basis, the choice was clear and we look forward to working with the iLEVEL team."

New and enhanced features of iLEVEL help Fund Managers:

  • Further streamline the collection of data across their portfolio into a central database that acts as their single source of truth. Improvements to the cloud-based iLEVEL platform include advancements to the relational database design to accommodate highly complex ownership structures across funds and funds of funds as well as enhanced features to automate data collection for GPs that collect on behalf of their portfolio companies or send iLEVEL-enabled Excel templates to their portfolio company CFOs.
  • Analyze portfolio performance, connect portfolio company data to their valuation process, and report to Limited Partners using new portfolio analytics from iLEVEL. The iLEVEL iGet ArrayTM function now empowers fund managers with one-click screening of their entire portfolio. For example, a GP can return all investments that are tracking above/below forecast or are close to tripping any debt covenant. iLEVEL 6.6 also provides additional security features for real-time reporting on your iPad and with these features, one of the 3 largest Private Equity firms has gone live on iLEVEL mobile for its investment professionals and senior management.

“iLEVEL 6.6 is the ninth straight release that has been on-time and delivered at no extra license cost to our clients. Also, unlike other software products in the private capital market, iLEVEL upgrades don’t require any services fees,” said Rick Kushel, CEO of iLEVEL.

“The features in this upgrade were requested by our clients in buyout, real estate, infrastructure, lending and our limited partner and fund of fund clients,” Kushel continued. “Other systems that were designed as partnership accounting work from the fund performance backwards whereas iLEVEL builds fund performance from the ground up, beginning with the raw data collected from portfolios, derived calculations and valuations. All of this is auditable in a system designed to audit data collection workflow."

“iLEVEL Mobile is the most powerful and most secure iPad-based reporting tool in our market and after a lengthy security diligence process, it’s a big milestone to see a top 3 firm roll it out to their staff that travels the world to meet with investors and management teams. Their portfolio performance will be securely available wherever they travel and will not fall into the wrong hands should they misplace their iPad,” said Lokesh Seth, CTO of iLEVEL.

In addition to a growing client base of fund managers, iLEVEL also supports the needs of institutional investors who need to monitor investment performance, track capital calls and distributions and calculate their own IRRs. Hamilton Lane, a leading global private equity asset management firm, has been testing iLEVEL as a replacement for its current reporting platform for LP clients and will use iLEVEL to monitor investments in over 2,300 funds including positions in 55,000 assets and over 650,000 cash transaction notices.

Matt Herzog, Vice President at Hamilton Lane on iLEVEL 6.6:

“The iLEVEL team listens to its clients and builds the features we need to deliver a great Reporting & Analytics experience for our clients and investors. With iLEVEL 6.6, we now have a system that gives us the flexibility necessary to continue providing exceptional services to our clients in an evolving data environment.”

Visit www.ilevelsolutions.com for more information about iLEVEL 6.6. LPs or their service providers can learn more about iLEVEL for Institutional Investors by emailing [email protected].

About iLEVEL

iLEVEL offers a market-leading cloud-based Private Capital Data Platform that empowers fund managers and investors to control information and gain actionable insights by taking data collection, investment analysis and performance reporting to a whole new level. 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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...
SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp em...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.
Today companies are looking to achieve cloud-first digital agility to reduce time-to-market, optimize utilization of resources, and rapidly deliver disruptive business solutions. However, leveraging the benefits of cloud deployments can be complicated for companies with extensive legacy computing environments. In his session at 21st Cloud Expo, Craig Sproule, founder and CEO of Metavine, will outline the challenges enterprises face in migrating legacy solutions to the cloud. He will also prese...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
Most of the time there is a lot of work involved to move to the cloud, and most of that isn't really related to AWS or Azure or Google Cloud. Before we talk about public cloud vendors and DevOps tools, there are usually several technical and non-technical challenges that are connected to it and that every company needs to solve to move to the cloud. In his session at 21st Cloud Expo, Stefano Bellasio, CEO and founder of Cloud Academy Inc., will discuss what the tools, disciplines, and cultural...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...