26 April 2018

Permira chooses iLevel to manage portfolio data

31 March 2015  |  1396 views  |  0 Source: iLevel

ILevel, the leading portfolio monitoring, analytics and transparency platform for the global private capital markets, has been selected by private equity firm Permira to manage their portfolio data.

Established in 1985, the Permira funds have made over 200 private equity investments internationally, with total committed capital of approx. €25 billion. The Permira funds invest primarily in consumer, financial services, healthcare, industrials, and technology sectors.

"Given the complex nature of our funds' investments, we needed a system that was both flexible and easy to manage," said Jörg Rockenhäuser, Partner at Permira. "iLEVEL will enable us to centralize data across a diverse portfolio and maintain high levels of confidence in the numbers we use internally to drive decision making and externally to communicate results."

In addition to ensuring greater data transparency, iLEVEL's automated data collection capabilities will help Permira reduce the administrative burden on their deal team.

"We are delighted to welcome Permira to the iLEVEL community," said Melissa Ferraz, Vice President, EMEA Client Development of iLEVEL. "Their need to efficiently manage a large and complex portfolio within a highly collaborative culture makes them the perfect fit for the iLEVEL platform."

iLEVEL significantly expanded their presence in the European market last year, launching their London-based operations and opening 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. 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdvisit www.ebaday.comVisit http://wup.digital

Top topics

Most viewed Most shared
'Fake data' will make banks vulnerable - Accenture'Fake data' will make banks vulnerable - A...
10400 views comments | 28 tweets | 36 linkedin
Irish central bank tunes in to fintechIrish central bank tunes in to fintech
9662 views comments | 20 tweets | 21 linkedin
JPMorgan to roll out Voice ID; begins branch expansionJPMorgan to roll out Voice ID; begins bran...
8864 views comments | 6 tweets | 8 linkedin
TransferWise launches multi-country bank accountTransferWise launches multi-country bank a...
8669 views comments | 26 tweets | 21 linkedin
Physical cash retains its popularity in face of electronic onslaughtPhysical cash retains its popularity in fa...
8621 views comments | 15 tweets | 17 linkedin

Featured job

Find your next job