Products / Levfolio

Levfolio · Leverage facility optimization

Test your pipeline against every leverage facility.

Leverage is expensive, and each facility carries its own eligibility criteria, concentration limits and reporting requirements. Levfolio models a manager’s facilities together, showing the available capacity and the effect of a financing decision before it is made.

Levfolio · Facility capacityIllustrative
FacilityAvailableTests
Facility ABorrowing base 86.3m14.2mPass
Facility BBorrowing base 52.0m3.1mTight
Facility CBorrowing base 120.5m31.8mPass
Proposed: add Loan X to BConcentration limit-1.4mFails

How it works

How Levfolio models facilities and tests decisions.

  1. Model

    Each facility is configured with its eligibility criteria, advance rates and concentration limits.

  2. Simulate

    Levfolio tests new investments, position changes, amendments, borrowings and capital calls against every facility.

  3. Allocate

    Financing options are compared across facilities, with the effect on each borrowing base shown.

  4. Report

    The same figures are used for reporting to lenders and trustees and for reconciliation with them.

Capabilities

What Levfolio provides.

Borrowing base modeling
Levfolio holds each facility’s rules in the model, replacing a separate workbook for each facility.
Pre-trade simulation
Proposed transactions are tested for their effect on capacity and compliance before the manager commits to them.
Allocation across facilities
Assets can be assessed against each facility to identify the most efficient financing.
Reporting and reconciliation
Monthly reporting to lenders and trustees is produced from the same model.

What changes

Manage leverage facilities in one model, not in workbooks.

TaskCommon practiceWith Levfolio
Borrowing baseOften one workbook per facility, rebuilt each periodOne model across all facilities
A new investmentOften assessed after it has been agreedTested before it is committed
AllocationUsually by convention, or wherever capacity existsBy comparing the available options
Lender reportingTypically assembled manually and sent by emailProduced from the same model

Enterprise readiness

Integration, implementation, controls and support.

Levfolio is implemented and supported by Dacumen practitioners.

Integration
Levfolio takes portfolio data from existing systems and supports the reporting cycle between investment managers, trustees and lenders.
Implementation
Dacumen practitioners lead the implementation. They model the terms of each credit agreement, load the portfolio data and validate the results against existing borrowing base reports, then run Levfolio in parallel with the existing process before cutover.
Controls
Results are produced from a single model with defined rules, so each reported figure can be traced to its inputs.
Support
Clients are supported directly by the team that develops and operates the product.

Levfolio.com

Levfolio has a dedicated site.

Levfolio is a Dacumen product with its own website. That site describes Levfolio Compliance, for modeling and testing, and Levfolio Collab, for the reporting cycle between managers, trustees and lenders.

Request a product walkthrough.

Tell us how many facilities you operate and how you produce each borrowing base today, and we will show how Levfolio would model them.