Scaling with Confidence
How a €2bn growth equity firm transformed its fund and portfolio data operations
Introduction
A top-tier pan-European growth investor managing over €2bn in assets under management (AUM), focused on backing high-growth technology businesses across the UK, DACH, and Nordics. With a strategy centered around identifying breakout companies and helping them scale internationally, the firm has built a reputation for hands-on partnership, operational excellence, and consistently strong returns.
As fund count and portfolio size expanded rapidly, so did the complexity of managing data across asset servicers, internal teams, and portfolio companies, setting the stage for a critical need to modernize operations.
Challenge
As the firm scaled, data complexity quickly outpaced existing tools and workflows:
- Reporting pressures mounted as the team struggled to meet quarterly deadlines, driven by inconsistent data formats across asset servicers and manual internal consolidation efforts.
- Portfolio company reporting was fragmented, managed through shared folders and custom templates that led to data delays and gaps.
- Finance, IR, and Deal teams operated in silos, often relying on disconnected spreadsheets, leading to mismatched numbers and reporting inconsistencies.
- A lack of a single source of truth created confusion in internal reviews and slowed Investor communications, risking reputational trust at a critical point in the firm’s growth journey.
Challenge
- Aggregating and validating data
- Fragmented portfolio reporting
- Inconsistent data sets
- Strained investor experience
Solution
- Lantern seamlessly ingested and validated fund data across multiple asset servicers, highlighting discrepancies early and creating a trusted foundation for reporting.
- Lantern’s structured, tech-enabled workflows enabled portfolio companies to submit consistent, accurate updates, guided by Lantern’s private markets experts to ensure data quality and completeness.
- With Lantern’s Excel add-in and intuitive dashboards, Finance, IR, and Deal teams now work from a unified dataset, generating investor reports, monitoring performance metrics, and preparing board materials with ease.
- Lantern’s private markets specialists collaborated directly with the Finance and Operations leads to configure tailored business rules, ensuring outputs were robust, auditable, and aligned to LP expectations.
It’s the first time we’ve had the whole firm working from the same playbook. Lantern now represents a single, unified source for fund and portfolio data.
Chief Financial Officer, Growth Equity GP
Summary
By unifying their fund and portfolio data with Lantern, this leading growth equity firm transformed reporting, strengthened LP trust, and built a scalable foundation for growth. Ready to see how Lantern could work for you? Please get in touch – we’d love to show you Lantern in action.
