Langholm Capital (Langholm), a mid-market buyout fund with investors including Unilever plc and Rabobank, has selected 3i Infotech Framework Ltd (Framework), a provider of software applications to the private equity and investor community, to manage its private equity investment portfolio.
During the current period of uncertainty within the European investment markets, organisations are seeking ways to manage transparency and risk, while reducing operational inefficiencies.
Framework will rapidly implement a solution for Langholm that can be configured to support different deal flow procedures, manage documents and meet investor reporting requirements administrative tasks that are particularly labour intensive. Through the use of straight through processing, the time and effort currently required to run daily operations will be considerably reduced.
In the future, Frameworks scalability will mean that the firms expansion plans can continue to be accommodated, without any unexpected increase in overheads and resources. This, together with a commitment to continue providing timely and best in class quality investor communications for Langholms second fund investors, means that Framework is expected to play an important role in Langholms future ambitions for growth.
As an independently owned and managed investment firm with a strong track record of success, Langholm has developed an enviable reputation for its in-depth consumer understanding and its unique sector focused approach to investment, says Paul Richings, chief financial officer and a partner at Langholm Capital. As the European markets continue to experience substantial volatility, we will continue to provide our portfolio of investee companies with strategic insights and the support required to achieve their growth potential, while maintaining a strong interaction with our investors. Framework is an excellent fit for our requirements. Its easy-to-use functionality that encompasses all areas of marketing, administration and accounting for alternative asset investments enables Langholm to maintain and manage the relationships that really matter.
Langholm enjoys a good position within the Northern European investment market and offers a proven recipe for commercial success, says Bulent Osman, sales & marketing director at 3i Infotech Framework. However, as the business expands, the team recognises the need to manage more efficiently its portfolio of investments, increase transparency and streamline administrative tasks. The rapid deployment of the Framework solution will help them to meet these challenges. We are delighted to welcome Langholm as a customer, reinforcing our leadership position in the UK market for private equity management software.
Framework is a complete, end-to-end, alternative assets software application that helps manage risk, enables transparency and increases operational efficiency for all types of organisation across the entire private equity market. The solution is used by organisations across Europe, North America and the Middle East that collectively manage over USD 200 billion of alternative assets. These firms include private equity and venture capital groups, real estate investors, administrators, fund of funds, development funds and corporate funds.
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