NEW YORK, Nov. 6, 2012 /PRNewswire/ -- iLevel Solutions, the software company dedicated to improving portfolio management for alternative asset managers, announced today that it will preview iLevel v6.0 at the 2012 ILPA General Partner Summit. The Institutional Limited Partners Association ("ILPA") holds the annual event to convene General Partners and Limited Partners and iLevel will be a Gold Sponsor at this year's event at the Waldorf Astoria in New York.
iLevel is an innovative, SaaS-based portfolio management platform for alternative asset managers. Today, leading Private Equity firms use iLevel to track portfolio company performance in a central database. By automating what was previously a manual process in various spreadsheets, General Partners have access to more granular portfolio performance data so that they can better control the valuation process, run more detailed performance and attribution analysis and streamline the task of investor reporting. General Partners of all sizes in the private equity market use the iLevel platform, including 7 of the top 15 largest firms such as Blackstone, TPG and Carlyle, as well as leading middle market firms including Sterling Partners, Vector Capital, and Eos Management, amongst others.
iLevel v6.0 will offer more portfolio management capabilities to GPs and is the first version of iLevel with features designed specifically for LPs. Just as GPs use iLevel to collect data from portfolio companies, LPs will have the ability to collect fund and performance data from GPs, access reports built specifically for LPs, and take advantage of a complete cash management module to track capital calls and distributions.
"Our vision has always been to provide GPs, LPs and all players in alternative asset management with the tools they need to monitor investments, prepare and report valuations, and exchange information on a highly secure platform. v6.0 will be a milestone for LPs and previewing it at the ILPA Summit was a natural choice considering the unique collection of GPs and LPs under one roof," said Rick Kushel, CEO of iLevel Solutions.
About iLevel Solutions
iLevel Solutions offers the market-leading Portfolio Management Platform for the alternative asset management market. The innovative, highly secure Software-as-a-Service technology solution automates the collection, storage, collaboration, analysis, and reporting of portfolio data. Investors in iLevel Solutions include Blackstone, The Carlyle Group, Duff & Phelps, Hamilton Lane, Swift River Investments, and Egis Capital Partners. For more information, please visit www.ilevelsolutions.com.
SOURCE iLevel Solutions