Supporting a Global Alternative Investment Firm
Background & Challenges
Background & Challenges
Everstell is supporting a global alternative investment firm focused on asset-backed credit, whole loans, real assets, and private equity with profitability allocations and management, and reporting.
Reporting, Analytics and KPIs
Spend less time in production and more time to review and strategic decision management
Everstell Solution
Everstell Solution
Everstell developed an approach for cost allocations, and related management reporting (both at the expense and profitability levels).
Everstell implemented its Profitability Management SaaS platform to align revenues and allocate its operating costs to identify cost management opportunities in an industry experiencing fee compression of the two and twenty model.
Everstell implemented its SaaS platform with minimal interruption for an investment firm experiencing significant growth.
Benefits
Benefits
The firm now is able to focus more time on strategic decision making and reviews (increased to 80%)
Reduced production time to 20% where profitability is produced in a matter of days via Everstell’s managed service support model.
Clearly defined cost allocation methodology and rules along multiple dimensions.
Enhanced center hierarchy and reporting structure to improve reporting and alignment.
Strategy / Investment Focus
Global alternative investment firm focused on asset-backed credit, whole loans, real assets, and private equity
Support Areas
Overall profitability management for revenue and cost allocations along fund and strategy reporting dimensions
Assets Under Management
About $10 Billion in AUM