Private credit and private equity managers
Managers depend on information from borrowers, portfolio companies, administrators and other providers. Halyard connects that information to the operating work it initiates, from a loan event or portfolio update through reconciliation, oversight and investor reporting.
The work
Information from every party, matched to the work it starts.
Loan events, portfolio submissions and provider queries arrive from borrowers, portfolio companies and administrators. Each has to reach the right facility, fund or period, and be carried through to a usable result.
Private credit operations
Loan notices, borrower reporting and amendments need to be matched to the correct facility and existing terms. We build the process around those events: obtain the supporting records, investigate differences, prepare the required updates and track their completion across the relevant systems and providers.
The established loan and accounting systems retain their calculation and record-keeping responsibilities. The opportunity is in the interpretation and coordination required to keep those records consistent with the underlying event.
Portfolio information and reporting
For private equity teams, the work can include collecting portfolio-company submissions, checking changes against prior periods and preparing information for investor reporting or due diligence. Missing submissions and inconsistent definitions should lead to an investigation or an assigned action, rather than disappear into a completed-looking pack.
Provider coordination
An administrator query should retain the fund, entity, period and source to which it relates. The system records what has been supplied, what remains unresolved and whether the requested change has been completed. This reduces the need for the manager's team to act as the memory between providers.
Measuring the result
Operating performance
Measure the effort of collecting, investigating and reconciling information through to a usable result. Review and disclosure responsibilities form part of that process. The economic case depends on the work removed from the team, including the exceptions that consume senior attention.
Read next
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Services
The operating model, the operating layer and the services in operation, built in phases.
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Delivery method
The first phase, the five stages of every service and what is agreed before the work starts.
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Controls
Access, permitted actions and required evidence, and where human review adds to the result.