Solutions · Private equity
Twenty-two portfolio companies, twenty-two charts of accounts, and a reporting pack that lands six weeks after the month it describes. Cerium maps every inbound portco report to one model and holds the whole portfolio to a single definition of growth, margin and leverage.
Revenue, EBITDA and leverage aggregated across every holding on one definition, with organic growth separated from acquired and currency treated consistently. The number the investment committee argues about, computed once rather than assembled by hand each quarter.
The value creation plan held as data rather than slides. Thesis targets tracked against actuals by company and by workstream, with the variance attributed to the initiative that moved — or to the one that did not.
Quarterly fair value with the comparable set, the multiple and the bridge from last quarter held together in one place, and lineage from the mark back to the portfolio company filing it rests on. The valuation committee and the auditor get the working, not the conclusion.
Fund, vintage and investor-level performance — IRR, MOIC, TVPI, DPI — computed once and cut whichever way the request arrives, with capital accounts reconciled against the administrator rather than retyped from it.
Private equity is the only one of these businesses where the data is produced by someone else. You control the company and you still receive its numbers as a guest.
Twenty-two finance teams of varying sophistication, on different systems, with different definitions of EBITDA and different fiscal calendars. Normalising them is the actual job, and in most firms it is still done by hand.
The pack arrives, an associate re-keys it, a vice president reviews it, and the quarter is half gone. Every hop is a person. Mapping the report as it arrives removes the hops, not merely the typing.
The underwriting model is in a spreadsheet, the hundred-day plan is in a deck and the actuals are in a monitoring template. Nothing joins them, so nobody can say whether the plan is working until the exit process forces the question.
We will map them to one model, produce the portfolio view you cannot currently assemble, and tell you what the remaining holdings would take. Cerium reads from your administrator, your general ledger and the portco packs — it does not replace the fund accounting system or become the book of record.
