Cambridge Associates adopts IHS Markit’s iLEVEL software for private investment portfolio monitoring
Cambridge Associates, a global investment firm, has selected IHS Markit's iLEVEL portfolio monitoring solution. Cambridge Associates will use iLEVEL to enhance the management and analysis of all of its clients' private investment portfolios including private equity, venture capital, real assets and private credit asset classes.
Private market investors are increasingly demanding more detailed fund performance analysis as part of their investment decision-making. As they manage more data at a higher level of complexity, firms need adaptable software and data solutions that give them deeper insights and are built to scale with their portfolios.
Cambridge Associates will use iLEVEL to manage and gain insights from the fund-level and asset-level data that it receives from private markets fund managers on behalf of its asset owner clients. The software is one of the firm's most critical tools and will be used by its global investment teams to make investment decisions and provide their clients with the highest degree of reporting transparency.
"We chose IHS Markit's iLEVEL solution after a multi-year search for the right software and solutions partner. IHS Markit has proven to be an excellent cultural fit for us, plus they offer a deep understanding of private markets and leverage leading technology that scales with our business. We anticipate iLEVEL will further augment our ability to help drive long-term outperformance for our clients," said Rich Carson, Managing Director at Cambridge Associates.
"We are excited to expand our relationship as a technology partner to Cambridge Associates," said Brett Suchor, head of Private Market Solutions at IHS Markit. "Our long experience in the private markets makes us well positioned to support firms with complex data needs as they seek increased portfolio transparency."
IHS Markit provides a unique solution for discretionary advisors, investment consultants, and fund of funds. The technology powering iLEVEL and the industry's most advanced data extraction service offers asset allocators the ultimate transparency into their private market investments and access to unparalleled insight with the deepest data in the market.<span/>
S&P Global provides industry-leading data, software and technology platforms and managed services to tackle some of the most difficult challenges in financial markets. We help our customers better understand complicated markets, reduce risk, operate more efficiently and comply with financial regulation.
This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.