Siepe LLC, a trusted provider of software and technology-enabled services for private credit and CLO managers, has raised $30 million in a Series B round led by WestCap, a strategic operating and investing firm with $6 billion in assets under management (AUM). The allocated investment will bolster the advancement of AI and machine learning capabilities while enhancing Siepe’s strategic partnerships. Additionally, the company has appointed Mark Schultis as president, responsible for propelling growth and innovation and specifically tasked with improving credit managers’ data management and operational efficiency.

Siepe Raises $30 Million to Transform Data Management in Private Credit and CLO Markets