Carta to Acquire Sirvatus to Bring Tech-Enabled Loan Operations to Private Credit Fund CFOs>

(BUSINESS WIRE)--Carta, the software platform purpose-built for private capital, today announced that it has acquired Sirvatus, a leading loan administration platform for private credit funds. The acquisition makes Carta the first truly integrated platform for private credit fund CFOs, seamlessly combining fund administration, loan operations, and investor reporting into one end-to-end platform. As investors pour capital into private credit — with assets under management surging to more than $1.7 trillion in 2024 and expected to reach $2.8 trillion by 2028* – private credit fund managers need next-generation tools to meet rising market demands for speed, accuracy, and transparency. Carta’s end-to-end Loan Operations solution replaces cumbersome, error-prone manual tasks—allowing managers to spend more time focused on investing and less on administration. “With Sirvatus and Carta Loan Operations, we’re expanding Carta’s ERP for Private Capital to serve one of the industry's fastest growing asset classes in private credit,” said Henry Ward, Chief Executive Officer, Carta. “In the same way that we’ve helpe...(BUSINESS WIRE)--Carta, the software platform purpose-built for private capital, today announced that it has acquired Sirvatus, a leading loan administration platform for private credit funds. The acquisition makes Carta the first truly integrated platform for private credit fund CFOs, seamlessly combining fund administration, loan operations, and investor reporting into one end-to-end platform. As investors pour capital into private credit — with assets under management surging to more than $1.7 trillion in 2024 and expected to reach $2.8 trillion by 2028* – private credit fund managers need next-generation tools to meet rising market demands for speed, accuracy, and transparency. Carta’s end-to-end Loan Operations solution replaces cumbersome, error-prone manual tasks—allowing managers to spend more time focused on investing and less on administration. “With Sirvatus and Carta Loan Operations, we’re expanding Carta’s ERP for Private Capital to serve one of the industry's fastest growing asset classes in private credit,” said Henry Ward, Chief Executive Officer, Carta. “In the same way that we’ve helpe...{}