![Multi-Strategy](https://cdn.sanity.io/images/0lkfsbau/production/01f4c4549f3664096099e6ce05c5d11f2980f5be-24x24.svg)73 Strings forPrivate Credit # Real-Time Covenant Monitoring. Audit-Ready Valuations. Covenants change. Coverage shifts. Deals get flagged. 73 Strings gives you real-time visibility across your credit portfolio, with audit-ready valuations that stand up to scrutiny from LPs, auditors, and regulators. [Book a demo](/book-a-demo/) ![private credit](https://cdn.sanity.io/images/0lkfsbau/production/9b914582d16c3925cb0b5ba1dfb185ebd916b31f-628x665.png?q=80&fit=max&auto=format&w=3840) - ![investec](https://cdn.sanity.io/images/0lkfsbau/production/4d68d063304c977556ab8442be711e0598c8a208-106x22.svg) - ![hamilton lane logo](https://cdn.sanity.io/images/0lkfsbau/production/1b36b2dbca9891f1ce4cd29f0f0f06a0c763b98e-90x24.svg) - ![waystone](https://cdn.sanity.io/images/0lkfsbau/production/1c504edf3c03a2820cbc131f54ddefc30a79abd5-98x18.svg) - ![sofina](https://cdn.sanity.io/images/0lkfsbau/production/5d4be2189e30c7e91403a7dd5bb15e18fbfb570a-91x13.svg) - ![blackstone](https://cdn.sanity.io/images/0lkfsbau/production/33b8fac3d8c4f0d6afb83c3a5dcd6bdbd036f3b3-97x16.svg) - ![A&M logo](https://cdn.sanity.io/images/0lkfsbau/production/db9562eb58b60c0a40fda09b742cc6f51318c18f-39x30.svg) - ![balderton logo](https://cdn.sanity.io/images/0lkfsbau/production/9649080c3a96802fd47653724a2d978f1cf5dabb-91x26.svg) - ![BSQ](https://cdn.sanity.io/images/0lkfsbau/production/3c5d47c13c0a5144bbf7e88eca4cb0a31240286f-46x17.svg) - ![Bridgepoint](https://cdn.sanity.io/images/0lkfsbau/production/461b531406bdbe83a08a38917df93000e37b8e33-78x16.svg) - ![GBL](https://cdn.sanity.io/images/0lkfsbau/production/e1f05e7fef68e14d01369e6652dce5e126b05692-52x22.svg) - ![eurazeo](https://cdn.sanity.io/images/0lkfsbau/production/ba1ee5af308ab31d57cbbb545bb0b8f32286ad89-72x14.svg) - ![investec](https://cdn.sanity.io/images/0lkfsbau/production/4d68d063304c977556ab8442be711e0598c8a208-106x22.svg) - ![hamilton lane logo](https://cdn.sanity.io/images/0lkfsbau/production/1b36b2dbca9891f1ce4cd29f0f0f06a0c763b98e-90x24.svg) - ![waystone](https://cdn.sanity.io/images/0lkfsbau/production/1c504edf3c03a2820cbc131f54ddefc30a79abd5-98x18.svg) - ![sofina](https://cdn.sanity.io/images/0lkfsbau/production/5d4be2189e30c7e91403a7dd5bb15e18fbfb570a-91x13.svg) - ![blackstone](https://cdn.sanity.io/images/0lkfsbau/production/33b8fac3d8c4f0d6afb83c3a5dcd6bdbd036f3b3-97x16.svg) - ![A&M logo](https://cdn.sanity.io/images/0lkfsbau/production/db9562eb58b60c0a40fda09b742cc6f51318c18f-39x30.svg) - ![balderton logo](https://cdn.sanity.io/images/0lkfsbau/production/9649080c3a96802fd47653724a2d978f1cf5dabb-91x26.svg) - ![BSQ](https://cdn.sanity.io/images/0lkfsbau/production/3c5d47c13c0a5144bbf7e88eca4cb0a31240286f-46x17.svg) - ![Bridgepoint](https://cdn.sanity.io/images/0lkfsbau/production/461b531406bdbe83a08a38917df93000e37b8e33-78x16.svg) - ![GBL](https://cdn.sanity.io/images/0lkfsbau/production/e1f05e7fef68e14d01369e6652dce5e126b05692-52x22.svg) - ![eurazeo](https://cdn.sanity.io/images/0lkfsbau/production/ba1ee5af308ab31d57cbbb545bb0b8f32286ad89-72x14.svg) - ![investec](https://cdn.sanity.io/images/0lkfsbau/production/4d68d063304c977556ab8442be711e0598c8a208-106x22.svg) - ![hamilton lane logo](https://cdn.sanity.io/images/0lkfsbau/production/1b36b2dbca9891f1ce4cd29f0f0f06a0c763b98e-90x24.svg) - ![waystone](https://cdn.sanity.io/images/0lkfsbau/production/1c504edf3c03a2820cbc131f54ddefc30a79abd5-98x18.svg) - ![sofina](https://cdn.sanity.io/images/0lkfsbau/production/5d4be2189e30c7e91403a7dd5bb15e18fbfb570a-91x13.svg) - ![blackstone](https://cdn.sanity.io/images/0lkfsbau/production/33b8fac3d8c4f0d6afb83c3a5dcd6bdbd036f3b3-97x16.svg) - ![A&M logo](https://cdn.sanity.io/images/0lkfsbau/production/db9562eb58b60c0a40fda09b742cc6f51318c18f-39x30.svg) - ![balderton logo](https://cdn.sanity.io/images/0lkfsbau/production/9649080c3a96802fd47653724a2d978f1cf5dabb-91x26.svg) - 10x faster Valuation cycles across your entire portfolio
 - 99% Data accuracy, across structured and unstructured sources - $20T AUM managed by 73 Strings clients globally
 ### How Private Credit Firms Use 73 Strings [One data source](#75204779d296-3fb2b05dd5b6)[Consistent Valuations](#75204779d296-99fdbc0bbc3c)[Live performance](#75204779d296-d473059d74a0)[Regulatory reporting](#75204779d296-fdbfc5765196)[Unified view](#75204779d296-2bd2f8fb343f) One data source ## Centralizing credit data across sources 73 Strings extracts and standardizes portfolio data from credit agreements, financial statements, and reporting packs into one structured system, so your team doesn’t have to collect and organize the data manually, position by position. [Explore 73 Extract](/solutions/extract/) ![One data source](https://cdn.sanity.io/images/0lkfsbau/production/459ce0b3d4333a3fcbf249a7926f85e89a11c4d7-2078x840.avif?q=80&fit=max&auto=format&w=3840) Consistent Valuations ## Running valuations that hold up to review Consistent methodology and a complete audit trail, every time. Whether you’re valuing a senior loan, mezzanine position, or distressed credit, every valuation is transparent, defensible, and ready for LP and auditor review. [Book a Demo](/book-a-demo/) ![temp](https://cdn.sanity.io/images/0lkfsbau/production/8775a88c0c75af0650ec07a00b33acac8ee82f39-577x600.svg) Live performance ## Monitoring covenants and coverage in real time Track covenant compliance and coverage ratios in real time, so you can spot potential breaches before they become problems. [Explore 73 Monitor](/solutions/monitor/) ![temp](https://cdn.sanity.io/images/0lkfsbau/production/48120d47a16d9d70db1828aad6c02d2d4b8aa5df-1154x1200.avif?q=80&fit=max&auto=format&w=3840) Regulatory reporting ## LP and regulatory reporting Audit-ready outputs with no manual reconciliation, so your team can stand behind every report when questions arise. [73 Strings for Monitoring Teams](/solutions/monitor/) Unified View ## One platform across your credit strategies Whether you manage direct lending, mezzanine, distressed, or structured credit, 73 Strings brings your entire portfolio into one system. [See 73 Strings in Action](/book-a-demo/) ![Scale](https://cdn.sanity.io/images/0lkfsbau/production/d022710e4ae4765ffa30e11308bbffb5bba74b41-577x600.svg) Explore the suite ## Three Solutions. One platform. - [ ![](https://cdn.sanity.io/images/0lkfsbau/production/97cce14ee3f6fe8429cd9e7c8106ec786f29100c-32x32.svg)73 Value ![value](https://cdn.sanity.io/images/0lkfsbau/production/12b89a283c1cc3bc661400e25aaebed30672e162-1040x920.avif?q=80&fit=max&auto=format&w=3840) Consistent, auditable valuations across equity, credit, venture, and infrastructure. ](/solutions/value/) - [ ![](https://cdn.sanity.io/images/0lkfsbau/production/1b82d5d54ee8edb7c9673ef6dd1158b7180e6926-20x20.svg)73 Extract ![extract](https://cdn.sanity.io/images/0lkfsbau/production/56ffad274805be024eec344c3c51754fb32e3512-1014x920.avif?q=80&fit=max&auto=format&w=3840) Ingest and structure data from every asset class, at scale, with 99% accuracy. ](/solutions/extract/) - [ ![](https://cdn.sanity.io/images/0lkfsbau/production/d5b01386a9aea4b4808363e9ec76d04e178d87dd-32x32.svg)73 monitor ![monitor](https://cdn.sanity.io/images/0lkfsbau/production/d98665e3ddc31e51d968c7c0b1e7e5c1378fde33-1014x920.avif?q=80&fit=max&auto=format&w=3840) Real-time portfolio intelligence across every strategy, in one dashboard. ](/solutions/monitor/) FAQ ## Objections, answered. ### What types of credit instruments does 73 Strings support? 73 Strings supports direct lending, mezzanine, and distressed credit across both performing and stressed positions. The platform handles the full valuation and monitoring workflow for each instrument type, so your team isn't managing separate tools for separate parts of the book. ### Can we apply consistent methodology across different credit instruments? Yes. 73 Strings applies consistent, auditable valuation processes across your credit portfolio, using fair value methodologies built for the instrument in question rather than forcing a single model onto every position. Direct lending, mezzanine, and distressed credit each have their own valuation logic, but they run through the same platform, the same workflow, and the same audit trail. ### What does implementation look like for a private credit firm? Implementation is typically a multi-month process, giving your team time to map data, fund structures, and instrument types before anything goes live. 73 Strings works with you directly or through a network of third-party implementation partners, depending on your preference. ### How does 73 Strings handle LP and audit reporting for credit portfolios? Every valuation carries a full audit trail — methodology, assumptions, data sources, and every change made over time. So when auditors or LPs ask how a mark was reached, your team pulls up the answer instead of rebuilding it from scratch. ### How does 73 Strings monitor covenants and credit risk? 73 Strings tracks covenant compliance and coverage ratios in real time through customizable dashboards, not just at the next reporting cycle. That means your team sees a shifting credit position while there's still time to act, not after a breach has already happened.