Carlyle has adopted Broadridge Monetary Options’ cloud-based answer, Sentry, to assist its non-public credit score and collateralised mortgage obligation (CLO) portfolio administration.
“With elevated demand in credit score merchandise and ongoing progress of our product choices, we wished the best know-how that may allow us to scale up and obtain a platform strategy,” mentioned Jim Keogh, Carlyle’s managing director and head of operations for world credit score. “Sentry has easily built-in with our know-how stack and offers performance that may enhance our capabilities as we develop.”
Learn extra: Nomura faucets into non-public credit score increase
Sentry is a web-based answer that gives front-to-back-office performance to each the non-public debt and syndicated mortgage markets. Its know-how covers analysis and pipeline administration, pre- and post-trade compliance, evaluation of hypothetical commerce eventualities, dynamic waterfall projections, mortgage administration and knowledge aggregation throughout methods, portfolios and belongings.
“Working intently with Carlyle, we custom-made Sentry to particularly swimsuit their portfolio administration necessities, which emphasised the necessity to assist handle all points of personal credit score and CLO administration,” mentioned Mike Sleightholme, Broadridge’s president of worldwide and head of asset administration options. “This implementation actually showcases the worth of the flexibleness and scalability our answer provides and the way it helps place companies for progress.”
Learn extra: New long-term funds set to democratise non-public credit score