News Column

McCarthy Capital Selects iLEVEL for Portfolio Monitoring

July 5, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- iLEVEL, the cloud-based software provider to the private capital market, announced that McCarthy Capital has selected the iLEVEL Private Capital Data Platform to streamline their portfolio company data collection. McCarthy is a private equity firm based in Omaha, Nebraska that manages more than $900 million of committed capital in a mix of growth equity investments, recapitalizations and management buyouts.

iLEVEL enables fund managers to automate performance reporting from portfolio companies and establish a single source of truth that can be used for portfolio reporting, valuation, regulatory reporting, fundraising and investor reporting.

"At McCarthy, we grow businesses in partnership with the management teams of a diverse set of portfolio companies," said Teri Mercer, Director of Finance at McCarthy Capital. "iLEVEL will enable us to more efficiently track financial and operating metrics across our portfolio and allow our investment professionals to spend more time on doing deals. Being on iLEVEL will make us stronger partners with our portfolio companies and offer increased transparency to our investors."

"Many private capital investors face the challenges of onerous data collection with limited operational resources. iLEVEL creates efficiency for clients of various sizes so they can focus their resources on value creation for their investors," said Rick Kushel, CEO of iLEVEL Solutions. "We are thrilled to add McCarthy Capital to our growing number of clients in the Midwest and continue our expansion into middle market firms."

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 Real Estate, Credit and Venture Capital. Leading LPs and Funds of Funds are also adopting iLEVEL. 4,000 iLEVEL users span the globe, tracking over 700 million data points across 7,000 portfolio companies. About McCarthy Capital McCarthy Capital is an Omaha-based private equity firm focused exclusively on lower middle market companies with less than $250 million of revenues. For more than 25 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies. For more information, visit www.mccarthycapital.com. 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.

Keywords for this news article include: iLEVEL, Information Technology, Investment and Finance, Information and Data Platforms.

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Source: Investment Weekly News


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