AI Research Infrastructure

Built for
investment
managers.

We design and deploy bespoke AI research pipelines that process SEC filings, institutional data, and proprietary sources — queryable through natural language in minutes, not months.

See the BDC Monitor
01# BDC cross-portfolio mark surveillance
02
03scan("Which borrowers are marked at
04  par by one BDC but written down
05  by another?")
06
07# Sources: 45 BDC SOIs · 13 non-traded
08#          70K+ line items · EDGAR
09
10 64 stale mark signals found
11 8 waterfall inversions
12 780 overlapping borrowers
13 Report: Monday 6:00 AM ET
70K+
Line Items Parsed
45
BDCs Monitored
Weekly
Report Delivery
Flagship Product

BDC Monitor — cross-portfolio
mark surveillance.

Every public BDC reports its own marks for the borrowers in its portfolio. But when BDC #1 writes down a borrower and BDC #2 still carries the same name at par, someone's marks are stale. Our system finds these divergences before quarterly earnings surface them.

The pipeline parses every Schedule of Investments filed on EDGAR — 45 public BDCs and 13 non-traded vehicles — cross-referencing 70,000+ investment line items with seniority-aware borrower matching. The weekly report delivers stale mark signals, conviction scores, dividend coverage, sector stress, and non-traded BDC redemption contagion tracking.

70K+
Investment Line Items
45
Public BDCs Tracked
13
Non-Traded Vehicles
780
Overlapping Borrowers

Free 30-day pilot

Get the weekly BDC Monitor report in your inbox every Monday morning. No commitment, no credit card. Just the data.

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  • Stale Mark Detection
    Cross-references every borrower across all 45 BDC Schedules of Investments. Flags names where marks diverge by 10+ percentage points across holders — with seniority-aware matching so first lien compares to first lien, not equity.
  • Non-Traded Redemption Contagion
    Tracks 13 non-traded BDC vehicles including BCRED, OBDC II, ASIF, and Apollo Debt Solutions. Identifies shared borrowers under forced-sale pressure from quarterly redemption caps — a leading indicator for public BDC mark adjustments.
  • 8-K Filing Monitor
    Scans EDGAR daily for material event disclosures — NAV restatements, dividend cuts, credit facility amendments, and portfolio restructurings. Alerts surface before the market opens.
  • PIK & Non-Accrual Tracker
    Identifies payment-in-kind positions and non-accrual borrowers across the universe. PIK income masks underlying credit stress — the tracker separates real cash yield from paper income.
  • Dividend Coverage Analysis
    Computes actual NII-based dividend coverage for every BDC — not GAAP EPS. Flags vehicles where distributions exceed net investment income, signaling potential dividend cuts.
What We Build

Research infrastructure
as a competitive edge.

Premier investment firms have always had information advantages. We make that infrastructure accessible to emerging managers — purpose-built pipelines that index, synthesize, and surface exactly what your strategy requires.

01
Start here
Research Stack Diagnostic

A focused engagement to assess your current research workflow, map your data landscape, and deliver a concrete architecture recommendation — before committing to a full build.

  • 45-minute intake call
  • Audit of current research workflow
  • Recommended source map
  • Proposed RAG architecture
  • First-use-case recommendation
  • Budget & implementation memo
02
Bespoke Pipeline Build

A fully custom AI research system built around your strategy — SEC filings, institutional 13F data, job postings, newsletters, and proprietary sources, all queryable through natural language. Designed, built, and delivered in 2–4 weeks.

  • Custom data source integration
  • RAG pipeline with recency scoring
  • Source reliability hierarchy
  • Natural language query interface
  • Automated ingestion schedules
  • Documentation & training
03
Retainer & Maintenance

Ongoing support as your strategy evolves — new data sources, new tickers, model upgrades, and reliability monitoring. Keep your edge current without maintaining the infrastructure yourself.

  • New data source onboarding
  • Model upgrades & tuning
  • Reliability monitoring
  • Priority support
  • Quarterly architecture review
Case Study

How Twill Capital
runs its research stack.

Twill Capital is a digital infrastructure hedge fund with a concentrated thesis in Bitcoin mining companies and their conversion to AI data centers. The portfolio manager needed institutional-grade research capability without institutional-grade headcount.

We built a multi-source RAG pipeline that indexes SEC filings, research documents, institutional 13F holdings, job postings, and newsletters into a single queryable system — updated automatically on a weekly cadence.

1.7M+
SEC Filing Chunks
6
Institutional Funds Tracked
22
Tickers Monitored
<60s
Incremental Refresh

"The system surfaced RIOT's full-year $647M revenue figure from a filing that dropped yesterday — before the morning brief."

Twill Capital
  • SEC EDGAR Incremental Ingestion
    10-K, 10-Q, and 8-K filings indexed on filing day. Weekly cron refreshes in minutes rather than hours — no full rebuilds.
  • Recency-Weighted Relevance Scoring
    Filings from the last 90 days receive a score boost, ensuring the latest earnings report surfaces before prior-quarter comparables.
  • Source Reliability Hierarchy
    Audited 10-K facts, 8-K management statements, newsletters, and prediction markets each carry explicit epistemic weight — the model knows what to trust.
  • Institutional 13F Tracking
    Vanguard, Fidelity, State Street, Invesco, Citadel, and ARK parsed directly from EDGAR XML — position sizes, share counts, and quarter-over-quarter changes queryable instantly.
  • Job Postings Signal Detection
    Monthly scrape of miner careers pages flags AI/HPC/data center hiring — surfacing infrastructure buildout signals before they appear in earnings calls.
About

Built by a practitioner,
for practitioners.

The tools we build are not theoretical. Every pipeline, every data architecture decision, and every model configuration has been stress-tested against real investment decisions. The BDC Monitor — 70,000+ line items cross-referenced across 45 public BDCs and 13 non-traded vehicles — is the live proof of concept for everything we offer clients.

We work with sub-$100M funds, family offices, and independent portfolio managers who understand that information architecture is a durable edge — and who want to own their infrastructure rather than rent access to generic platforms.

Engagements are deliberately small in number and large in attention. We do not take on clients whose strategy we cannot genuinely improve.

Get in Touch

Start with the
BDC Monitor pilot.

Get the weekly BDC Monitor report free for 30 days — stale marks, conviction scores, redemption contagion, and dividend coverage in your inbox every Monday morning. Or book a call to discuss a custom research pipeline for your strategy.

  • BDC Pilot Free for 30 days — no commitment
  • Focus Investment managers, family offices, emerging funds
  • Response Within one business day
or send a message