Portfolio BI, a New York City-based provider of data solutions for alternative investment managers, has secured a multi-million-dollar growth investment from Decathlon Capital Partners to accelerate the development of artificial intelligence capabilities within its platform and expand customer support operations.
The financial terms of the transaction were not disclosed. According to the company, the investment structure is designed to support growth while preserving existing shareholder ownership and management control.
Portfolio BI serves more than 175 institutional clients representing over $1 trillion in assets under management. Its platform provides data analytics and infrastructure services designed to help private market asset managers better understand portfolio performance, risk exposure, and investment outcomes.
The new capital will help the company expand the AI-driven capabilities of its platform, allowing investment managers to more efficiently ingest, analyze, and act on complex financial data. The funding is also expected to support broader product development initiatives and operational growth.
Executives said the financing package was structured to avoid dilution for existing shareholders while providing flexibility as the company continues to scale. The arrangement includes a flexible amortization schedule and allows the company to access capital as needed without incurring costs on unused funding.
Decathlon Capital Partners, which specializes in customized growth-debt financing, provides long-term capital to companies seeking alternatives to traditional equity investment structures. The firm said Portfolio BI’s expanding client base and strong demand for its data solutions made it an attractive growth investment opportunity.
Portfolio BI has operated for more than two decades serving the investment management industry. The company provides integrated data platforms, technology advisory services, and financial expertise designed to help asset managers access, organize, and act on critical investment data.
KEY QUOTES
“The advent of AI is a game changer in our pursuit of superior outcomes for clients. Stepping outside the traditional OMS/PMS and EDM workflow/reporting methodologies, our AI-driven tools enable private market asset managers to quickly and efficiently ingest and access the data they need to gauge performance, exposure and risk. This growth financing through Decathlon Capital Partners allows further enhancement of the deep domain expertise we’ve developed over two decades as a trusted partner of industry-leading management firms.”
Jonathan White, Chief Executive Officer, Portfolio BI
“The financial package won’t result in any dilution of the interests of the company’s existing shareholders. The transaction doesn’t require any loss of management control or change in governance. This growth funding, with its flexible amortization schedule and no cost for undrawn capital, is custom designed to meet the needs of Portfolio BI as it continues its strong growth trajectory.”
Sumit Mahajan, Chief Operating Officer, Portfolio BI
“Decathlon Capital Partners is pleased to support the growth of Portfolio BI with a financial package that’s tailored precisely to the company’s needs.”
John Borchers, Managing Director, Decathlon Capital Partners
