Apera goes high-tech with Solvency II response

The new private debt fund manager has launched a reporting platform that aims to meet the growing transparency needs of investors.

Apera Capital, the newly formed European private debt firm, has put fund reporting technology high on its agenda with a platform that it claims is the first of its kind.

Apera believes the platform, created by software developer Black Mountain and fund administrator SEI, is the first cloud-based platform used by a European manager that can reconcile complex underlying loan, fund and company data on a weekly basis.