S&P Global Unveils iLEVEL Document Search, AI-Powered Tool for Private Asset Portfolio Management

S&P Global has launched iLEVEL Document Search, an AI-powered search capability that enables private market investment professionals to extract intelligence from investment documents using natural language queries. This tool facilitates faster and more informed decisions by breaking down information silos and unlocking previously hidden insights. Users can query all documents stored in iLEVEL's Document Library, including board decks, quarterly financials, and annual financials.

S&P Global has introduced iLEVEL Document Search, a groundbreaking AI-powered search capability designed to empower private market investment professionals. This innovative tool enables users to extract intelligence from investment documents using natural language queries, transforming the way asset managers explore and understand portfolio performance.

The launch of iLEVEL Document Search comes at a critical juncture for private equity firms, which are holding record levels of dry powder while existing portfolios remain in a prolonged holding pattern. The tool addresses the pressing need for deeper portfolio intelligence by allowing users to query all documents stored in iLEVEL's Document Library, including board decks, quarterly financials, annual financials, and fund financials [1].

Key features of iLEVEL Document Search include natural language querying, which enables users to ask open-ended questions about their portfolios, facilitating exploration beyond traditional templates or pivot tables. The tool also offers annotations for traceability, linking every data point to its original source, and permissions-based search results to maintain confidentiality of sensitive materials while delivering a seamless search experience [1].

"We're moving from an era of portfolio monitoring to one of portfolio intelligence," said Christopher Sparenberg, Head of iLEVEL at S&P Global Market Intelligence. "With deal flow at multi-year lows and exit windows tightening, the firms that will thrive are those that can unlock the 'unknown unknowns' in their existing portfolios to create differentiated value. iLEVEL Document Search enables investment teams to discover new opportunities and identify risks to make decisions with conviction" [1].

The new capability builds on recent enhancements to the iLEVEL platform, including Automated Data Ingestion and Capital Structure Analysis, Covenant Monitoring, and Financial Spreading as part of the iLEVEL Credit solution [1]. These enhancements underscore S&P Global's ongoing commitment to providing a comprehensive suite of solutions to the private markets industry, spanning private company data, valuations, risk analytics, and portfolio management services [1].

To learn more about S&P Global's private markets insights and offerings, visit [here] [1].

References:
[1] https://www.marketscreener.com/news/s-p-global-brings-together-artificial-intelligence-and-private-asset-portfolio-management-with-ileve-ce7c5edfdd8ff72d
[2] https://finance.yahoo.com/news/artificial-intelligence-meets-private-asset-120000265.html