Who we serve / Private credit funds
Consistent operations for portfolios of bespoke loans.
In direct lending, every loan is governed by its own agreement, and its terms, notices and history are often held in documents, inboxes and workbooks. We help funds convert that information into structured data and establish consistent processes for keeping it accurate.
Operational pressures
What makes operations demanding for private credit funds.
- No two loans are alike
- Rate terms, fees, covenants and amendments vary from one loan to the next, and the system of record must capture each loan’s terms accurately.
- Data in many places
- Fund history is often spread across legacy systems, spreadsheets and newer platforms that do not reconcile with one another.
- Rising expectations from lenders and investors
- Fund-level leverage facilities and investor reporting both depend on accurate, timely portfolio data.
How we engage
Consulting, software and managed services for private credit funds.
Operations advisory and transformation
Advise
We consolidate dispersed data into a single reconciled model and design an operating model that can also support the next fund.
Data and technology implementation
Build
We implement Orion to collect and standardize data and automate routine tasks, and Levfolio where the fund uses leverage.
Managed investment operations
Run
Our operations staff perform loan administration and portfolio monitoring, from receipt of an agent notice through to the updated loan record.
Relevant products
Products private credit funds most often start with.
Data and automation platform
Orion
Collects and standardizes credit data from any source, performs the calculations and automates the routine tasks that depend on that data.
OrionLeverage facility optimization
Levfolio
Models borrowing bases across facilities so financing decisions can be tested before capital is committed.
LevfolioContinuous reconciliation
SmartRec
Reconciles positions, cash and activity daily against custodians, trustees and internal systems, and tracks each break to resolution.
SmartRecDiscuss your priorities.
Describe the operational issue that most concerns you. A senior member of our team will respond.