MSCI Burgiss vs iLevel
A side-by-side comparison of MSCI Burgiss and iLevel — two options for modeling & valuation. Pricing, features, and honest pros and cons.
Category
Modeling & Valuation
Portfolio Monitoring & Metrics
Rating
4.3 / 5
4.0 / 5
Pricing
Enterprise / Custom
Enterprise / Custom
Best for
Benchmarking fund performance the way LPs will
Large multi-strategy managers with dedicated portfolio operations teams
Key features
- Private fund performance data sourced from LPs
- Vintage-year benchmarks by strategy and geography
- TVPI, DPI, IRR and PME analytics
- Portfolio analytics for allocators
- Integration with MSCI's broader risk toolkit
- Centralized portfolio data collection with templated requests
- Valuation and performance analytics across funds
- Excel integration for analysis in familiar workflows
- LP and internal reporting outputs
- Backed by S&P Global's market data ecosystem
Pros
- LP-sourced data avoids self-reporting survivorship bias
- The benchmark set institutional LPs actually reference
- Deep vintage history across market cycles
- Long institutional track record and deep feature set
- Handles complex fund structures and large data volumes
- Strong Excel interoperability for finance teams
Cons
- Institutional pricing well beyond emerging-manager budgets
- Venture cuts are less granular than broad buyout coverage
- Legacy UX feels dated next to modern venture-native tools
- Implementation and administration require dedicated resources
- Built for private capital broadly — venture-specific workflows take configuration