Lime Rock Partners on iLevel for Reporting

In addition to serving five of private equity's eight largest firms, middle-market players have become a recent focus for iLevel. Lime Rock, which recently closed its sixth funding round at $825 million, says it chose the platform for cost reduction, to meet new regulatory compliance requirements, run valuations more rapidly, and better demonstrate value creation through investor reporting. 

"Using iLevel will help us more efficiently track data across our portfolio so that we can be stronger partners our portfolio company management teams, and more easily serve our limited partners (LPs) with enhanced quarterly and on-demand reporting," says Gary Sernovitz, Lime Rock Partners' managing director.