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Portfolio valuation for asset managers carrying illiquid positions sits on a structural constraint: market conditions reprice continuously, but the marks that feed NAV calculations and LP reporting follow a quarterly clock, assembled largely by hand.
Chicago-based Stout launched Drivr on July 14, a purpose-built platform targeting that gap with AI-powered data extraction, real-time scenario analysis, audit-ready workflows, and integrated independent valuation opinions.
The data extraction problem in private markets The friction in private asset valuation is concentrated at the intake stage.
Before a manager can run a discounted cash flow model or apply a market multiple, someone has to pull financials from portfolio company documents, normalize inconsistent formats, and load them into a model.
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