BC Partners, Hamilton Lane LPs Live on iLevel 6.6

BC, which is headquartered in London, will use iLevel's mainstay private capital data platform for a range of portfolio performance monitoring purposes, and will take advantage of v6.6 updates including streamlined data collection, and enhanced iPad functionality.

"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. The choice was clear," says Jerome Losson, partner at BC.

Meanwhile, Hamilton Lane, whose LP clients will use the software to monitor more than 2,300 funds, 55,000 asset positions, and 650,000 cash transaction notices.

The firm has been beta-testing version 6.6 with iLevel for several months to replace its current LP reporting platform, and represents the vendor's first large-scale deployment for limited partners. As a result, 6.6 will include new portfolio analytics and an iGet Array function that will allow a general partner to return to LPs all investments that are tracking above or below forecast, or are close to tripping any debt covenant.