Carta, the software platform purpose-built for private capital markets, announced the acquisition of Sirvatus, a leading loan administration platform for private credit funds. The transaction positions Carta as the first fully integrated platform for private credit fund CFOs, combining fund administration, loan operations, and investor reporting within one end-to-end solution. The newly rebranded product, Carta Loan Operations, delivers audit-ready automation and unprecedented transparency to an industry long reliant on manual and fragmented systems.
As investor allocations to private credit continue to surge—reaching $1.7 trillion in assets under management in 2024 and projected to hit $2.8 trillion by 2028—the need for more advanced operational technology has become urgent. Carta’s expansion into loan operations is designed to help fund managers streamline administration, improve accuracy, and provide institutional investors with the data transparency they demand. The acquisition enables Carta to extend its “ERP for Private Capital” model to one of the fastest-growing asset classes in global finance.
Through Sirvatus’s technology, Carta Loan Operations introduces several advanced capabilities, including native support for complex loan structures, automated tracking, integrated accounting, seamless investor reporting, and scalable, audit-ready infrastructure. The system allows fund managers to manage real-time loan positions, automate payment and interest calculations, instantly update fund accounting with each loan transaction, and deliver transparent performance data to limited partners via Carta’s consolidated LP Portal.
With the acquisition, Carta now offers private credit fund managers a fully interoperable solution that links underlying asset data to fund workflows and reporting. The platform eliminates repetitive, error-prone manual work, providing CFOs with a unified view of their fund and loan operations, which helps them focus on portfolio strategy rather than administrative tasks.
The deal marks another milestone in Carta’s rapid expansion into the broader private markets ecosystem. It follows the company’s recent acquisition of Accelex, which enhanced Carta’s data extraction and analysis capabilities. Carta has also deepened partnerships with major financial institutions, including an expanded collaboration with Morgan Stanley Wealth Management and a strategic relationship with the New York Stock Exchange as its preferred listing partner.
The integration of Sirvatus reinforces Carta’s mission to modernize private markets infrastructure through automation, accuracy, and transparency. The company’s suite of products now supports venture capital, private equity, and private credit managers alike, offering unified tools for fund administration, capital accounting, and investor communications.
KEY QUOTES:
“With Sirvatus and Carta Loan Operations, we’re expanding Carta’s ERP for Private Capital to serve one of the industry’s fastest growing asset classes in private credit. In the same way that we’ve helped venture and private equity CFOs automate their fund operations by connecting portfolio company cap table events with our fund accounting suite, Loan Operations allows private credit managers to effectively manage underlying loan data and integrate it into their fund workflows.”
Henry Ward, Chief Executive Officer, Carta
“Together with Carta, we unlock what private credit fund managers have long been missing: an interoperable solution connecting underlying asset data with their most critical fund workflows and reporting. Our shared vision is to give every private credit fund, regardless of size, access to purpose-built technology and real-time data to transform how they operate. We look forward to continuing to execute on this vision alongside the Carta team.”
Trevor Cook, Chief Executive Officer, Sirvatus
