We first wrote
private i to serve many of the needs of LP investors. And then, along the way, a few of our clients posed challenges that began
"If only..."
Our first Add-On Module was in response to a large institutional investor's request: "If only we could use private i to track our
Direct Investments." Quite honestly, it took us four years to get it right. This module is designed to track direct investments in companies with precision and is in use by several dozen of our clients.
Next we were approached by two large Fund of Fund investors who asked "If only we were able to track our investor's capital accounts..."
The results was our
Fund of Funds administrative module. This makes the breakdown and allocation of capital calls, fees and distributions very simple, helps create wire instructions and reliable and adds a host of investor-specific reports.
About the same time, an inventive member of our team at that time, Mark McBride, who was intensely critical of underlying methodology of the IRR, wondered: "If only private i could implement the Modified IRR, the Index IRR, and other
Benchmarking metrics..." This module is in wide use and helps investment professionals quickly model their returns using any index or yield of their choice.
After the Direct Investments module was deployed, several of our clients said to us: "If only private i's Direct Module was better tuned to the
task of managing distributed stock..." A year later, the
Distribution Management module was released.
So, if you have ideas that begin with
"If only..." please let us know, we're always open to collaboration.