Reporting timelines have been cut by 40%, enabling the firm to consistently meet LP deadlines with confidence.
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.
The 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
Solution
Aggregating and validating data
Lantern seamlessly ingested and validated fund data across multiple asset servicers, highlighting discrepancies early and creating a trusted foundation for reporting.
Fragmented portfolio 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.
Inconsistent data sets
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.
Strained investor experience
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.
The Impact
40% faster reporting
Reporting timelines have been cut by 40%, enabling the firm to consistently meet LP deadlines with confidence.
40% faster reporting
Higher data integrity
Data quality has materially improved, with errors and inconsistencies now caught and corrected early in the process.
Higher data integrity
Data quality has materially improved, with errors and inconsistencies now caught and corrected early in the process.
Fully aligned teams
Finance, IR, and Deal teams now work from the same single source of truth, eliminating reporting gaps and internal friction.
Fully aligned teams
Finance, IR, and Deal teams now work from the same single source of truth, eliminating reporting gaps and internal friction.
Stronger LP relationships
Clean, timely reporting has elevated Investor communications, strengthening trust and reinforcing the firm’s reputation for operational excellence.
Stronger LP relationships
Clean, timely reporting has elevated Investor communications, strengthening trust and reinforcing the firm’s reputation for operational excellence.
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.