iLevel's first European client, based in Amsterdam, will use its private capital data platform for data collection, analysis, and reporting across its approximately €1 billion ($1.35 billion) in investments.
The implementation comes as Egeria, a specialist investor in mid-market companies operating in the Netherlands, recently closed its Private Equity Fund IV, which was oversubscribed at a cap of €600 million ($810 million). Regionally, iLevel also recently signed a UK-based fund manager as well as opened operations in London to grow business there and on the continent, adding to its range of North American, Latin American, and Middle Eastern clients.
“We investigated multiple solutions to make our internal analyses and investor reporting more professional, and determined iLEVEL will enable us to track and analyze the key performance indicators (KPIs) of our investment companies in a flexible and insightful manner," says Karlijn Schiphorst, a fund manager at Egeri.
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