Case Study: Livello Capital Management achieves streamlined accounting and operational efficiency with Enfusion

How Livello improved their operational efficiencies by choosing a system with an integrated general ledger for shadow accounting and a provider that understands credit markets and instruments

Livello Capital Management, a credit-focused opportunistic fund that grew its Special Opportunities Fund from about $33 million at launch in May 2020 to roughly $169 million AUM, faced constraints from an outdated investment management platform—no integrated general ledger, reporting and service hiccups, and manual bank-loan processing that hindered accurate shadow accounting. In 2022 they engaged Enfusion, adopting Enfusion’s unified PMS, full General Ledger Accounting, and Managed Services to address those gaps and improve reconciliation with their fund administrator.

Enfusion implemented a single front-to-back solution (PMS, OEMS roadmap, and full GL) plus Managed Services for trade booking across bank debt, bonds, equities, and options, delivering fixed execution recaps, NOEs, and drop copies. The result was greater accounting transparency and reporting accuracy, reliable shadow accounting reconciliation, reduced manual work—saving at least an hour per day for Livello’s Director of Operations—and new flexibility for custom reporting; Livello plans to expand use of Enfusion’s OEMS to automate full trade lifecycle processing.

Livello Capital Management

Joseph Salegna

Chief Financial Officer