TORONTO--(BUSINESS WIRE)--Mantle, a leading provider of innovative solutions for the private asset management industry, today announced the public launch of Mantle Portal, a groundbreaking platform designed to streamline and transform how investors manage their private and alternative investments.
With the global alternative assets market poised to reach $23 trillion by 2027, the need for efficient tools to manage these investments has never been greater. Mantle Portal addresses this challenge by consolidating information from all investment portals into a single centralized platform. The aggregation coupled with automation does the undifferentiated heavy lifting for Limited Partners (LPs) that was historically manual and error-prone.
“Our ambition is to build the foundation layer - the very substrate - that connects companies, funds, and funds-of-funds within the world of private assets,” said Amar Varma, co-founder and CEO at Mantle. “Mantle Portal represents a significant step forward in achieving that goal. By building modern, tech-forward tools to streamline processes, reduce errors, and offer valuable insights, Mantle Portal is well on its way towards revolutionizing the way in which investments in private and alternative assets are managed.”
Mantle Portal offers three main advantages:
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One Portal for All Documents: First, Mantle Portal automatically collects and organizes investment-related documents across all investor portals and mailing lists. LPs now have a single centralized platform to find all their capital calls, distributions, investor updates, tax documents, bank statements, and financial statements among other investment-related documents.
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AI-Powered Data Extraction: Second, Mantle Portal extracts key values from large unstructured documents, such as investing entity names, capital call due dates, and recallable distribution amounts. The platform also highlights the exact location where values are pulled to eliminate manual searching. Search and filter tools are available for easy document retrieval. In the same spirit as adopting the Open Cap Table Format (OCF) in Mantle’s cap table product, Mantle Portal is using the Institutional Limited Partners Association (ILPA) best practices as a North Star in its data extraction design.
- LP-Tailored Workflows: Finally, Mantle Portal is specifically designed to support LPs in their workflows, including tracking recurring documents (e.g. K-1s, capital statements), managing cash flows across investing entities and nested sub-entities, supporting bank statement reconciliations, and enabling fund look-throughs of the underlying holdings.
With initial customers, Mantle Portal has gained significant traction amongst pensions, university endowments, institutional fund-of-funds, and family offices.
For more information about Mantle Portal, or to register for the platform, please visit withmantle.com/portal.
About Mantle
Mantle is a leading provider of innovative solutions for the private asset management industry. By leveraging AI and advanced automation, Mantle empowers businesses, law firms, and investors to streamline workflows, improve efficiency, and gain valuable insights. Founded in 2022, the company is backed by a host of investors, including Eniac Ventures, Craft Ventures, Vaynerfund, Sierra Ventures, and Leaders Fund. Learn more about Mantle at withmantle.com.
