Advantage Capital Partners Selects iLevel for Portfolio Monitoring
Venture capital & small business finance firm to track performance data across 150 active investments
NEW YORK, Jan. 9, 2013 /PRNewswire/ -- Advantage Capital Partners, a leading venture capital and small business finance firm, and iLevel Solutions, the cloud-based software provider to alternative asset managers, together announced that Advantage Capital has selected iLevel for its portfolio monitoring platform. iLevel is an innovative, SaaS-based portfolio monitoring platform that automates data collection from portfolio companies and offers reporting on thousands of raw or derived performance metrics.
Founded in 1992, Advantage Capital has invested more than $1.4 billion in hundreds of companies in the form of venture and expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. Investments are made in geographic regions of the U.S. that are underserved by other small business finance resources.
"Advantage Capital is a double bottom line firm, and we measure our success by our investment performance and the community impacts of our portfolio companies. The premium tools that iLevel provides will enable us to track portfolio company financial performance as well as economic development metrics, like jobs created and follow-on capital invested, across our portfolio of 150 active investments," said Anthony Metzner, vice president at Advantage Capital Partners.
iLevel clients quickly map their varied portfolio company reporting formats to the iLevel database of over 6,000 key performance metrics. Any metrics are added to the database and all of the data is instantly available in standard or user-defined reports.
"iLevel, started as a platform for private equity General Partners, has been adopted by fund managers, Limited Partners and/or advisors in private equity, real estate and debt. Advantage Capital is the first venture/early-stage equity firm to choose iLevel, and we look forward to their participation as an active member of the iLevel community," 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, visit www.ilevelsolutions.com.
About Advantage Capital Partners
Advantage Capital Partners is a leading venture capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm's typical forms of investment include venture, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in New Orleans, St. Louis, New York and other U.S. cities, Advantage Capital has invested more than $1.4 billion since 1992. The firm invests in small businesses located in geographic areas underserved by traditional capital and in companies in a wide range of industries.
Contact: |
Deborah Dubin Vice President, Advantage Capital +1.314.725.0800 |
SOURCE iLevel Solutions
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