The Capital Intelligence NetworkLive · UTC /Vol. I · By invitation
No. 00

Find the capital.Close the fund.

Raven is the institutional platform that surfaces every allocator whose mandate fits your fund. Drafts the outreach worth signing your name to, and runs the diligence loop in days, not weeks.

Built by

Capital-markets operators

Lineage

Real Estate PE · $100B fund

Track record

$2B+ executed

Network

14,200 nodes · 62 hubs

The Tape— · Edition 142
CLOSETPG Rise Climate II final close at $7.3B·
MANDATECalPERS rotates 80bps from public credit into private credit·
HIREGIC names new Head of Real Assets, Europe·
EXITApollo exits portfolio co., $2.1B distribution to LPs·
FILINGForm ADV update: Bridgewater opens new vehicle·
SIGNALKKR closes Asia Pacific Infra Fund III at $6.4B·
SIGNALADIA increases allocation to private equity, +120bps YoY·
MANDATEYale Endowment opens RFP for emerging-manager program·
CLOSETPG Rise Climate II final close at $7.3B·
MANDATECalPERS rotates 80bps from public credit into private credit·
HIREGIC names new Head of Real Assets, Europe·
EXITApollo exits portfolio co., $2.1B distribution to LPs·
FILINGForm ADV update: Bridgewater opens new vehicle·
SIGNALKKR closes Asia Pacific Infra Fund III at $6.4B·
SIGNALADIA increases allocation to private equity, +120bps YoY·
MANDATEYale Endowment opens RFP for emerging-manager program·

A live feed of the kind of signals Raven reads · illustrative

No. 01

01The problem

A reckoning, in three numbers.

18mo

avg. time to first close

70%

spent prospecting & follow-up

1:60

cold-outreach reply rate

An essay,

in fragments.

The tools that consume a fundraise – sales platforms, CRMs, spreadsheets – were built for a different industry.They treat a sovereign wealth fund the way they treat a SaaS lead.They remember what already happened.They sit, politely, between every signal and the meeting it should have produced.

We spent a decade on the inside – investing real estate private equity at a $100B fund, then advising on more than a billion dollars of fundraising – watching brilliant people copy LP names from one spreadsheet into another, and re-write the same email sixty times before a Wednesday board call. Raven is what happens when you stop accepting that as the job.

No. 02

02The product

One platform. Every stage of the raise.

Three modules, designed to compose into a single workflow, so the time you save in one stage compounds into the next.

  1. 2.1
    Atlas & the Ravens
  2. 2.2
    Outreach
  3. 2.3
    Diligence
No. 2.1Atlas & the Ravens

The capital graph, worked by agents.

Atlas is our proprietary database of every allocator we know of, ranked against your mandate.

Four Ravens work on top of it.

  • Scouting beyond the database.
  • Catching the moment an allocator is deploying.
  • Threading warm paths through your past campaigns.
Prospect

Scouts beyond the database.

Finds allocators no CRM knows about yet.

Signal

Catches deployment moments.

Closes, exits, mandate shifts, rotations.

Network

Threads cross-campaign intel.

Warm paths across your past funds.

Diligence

Reverse-DDQs the allocator.

You walk in knowing their questions.

AskScout/Prospect Raven · ready
K
↵ submit
parsed@Ascend Infra IIMENAAPACTicket $50M+Infra mandate
Step 1Atlasinternal database
142,308 allocators
matchedinfra$50M+MENA · APACtop 5 by fit
Contact · Firm · MandateLocationTicketFit
001Jennifer LimHead of Private MarketsGIC Private Limited · Infra · AsiaSingapore$250–$500M94
002Marcus ThorntonManaging Director, Private CreditOntario Teachers’ Pension Plan · Private CreditToronto$150–$300M91
003Khaled Al MheiriHead of Real AssetsMubadala Investment Co. · Real AssetsAbu Dhabi$200–$400M88
004Sarah WhitfieldHead of Private InvestmentsWellcome Trust · Growth · ClimateLondon$50–$120M84
005David ChenDirector, InfrastructureFuture Fund · Infra · APACMelbourne$100–$250M81
database exhausted
Prospect Raven searches beyond
Step 2Prospect Raven
idle·scroll to begin scouting
0
records scanned
queryingRegulatory filingsDeal pressFamily-office registriesPublic profilesOperator networks
MENA
Hussain Al NowaisChairman & CIO
Al Nowais Investments · Abu Dhabi
Infra · SFO · $80–$200M
found viaReg. filingM&A pressCo-invest signal
88
conf.
APAC
Richard OngFounder & CEO
RRJ Capital · Hong Kong
Energy infra · $100–$250M
found viaDeal pressFund registry
82
conf.
MENA
Fahad Al RasheedHead of Alternatives
Sigma Capital (SFO) · Riyadh
Real assets · $75–$150M
found viaFamily-office registryLP rotation
78
conf.
APAC
Melvin YeoManaging Partner
Trirec Partners · Singapore
Climate infra · $50–$120M
found viaPublic mandateOperator network
73
conf.
SEA
Victoria TanDirector, Family Office
Vynn Capital · FO arm · Kuala Lumpur
Infra · SEA · $40–$90M
found viaPublic profileDeal press
68
conf.
5 prospective investors, beyond the databaseRoute prospective investors to campaign
AtlasProspect Raven
one canvas · two surfaces
No. 2.2Outreach

Email worth signing your name to.

Every draft is written from scratch, grounded in what that allocator actually cares about: the mandate they published, the move they made last quarter, the thesis they’ve been underwriting. No templates. No mail merge. No auto-spam tone.

  • Grounded in real signals: filings, press, mandates
  • Tone calibrated to the relationship: peer, prospect, warm
  • Every claim cited, every send reviewable before it leaves
compose / draft v3 · grounded
Claude Opus
ToSara Chen, Head of Private Markets · Wellcome Trust
ReFollowing Wellcomes rotation into climate-aligned growth

Sara, your remarks at the BVCA summit on the Trusts shift toward catalytic climate capital¹ tracked closely with how weve been positioning Fund III.

Were anchoring around three theses Wellcome has publicly underwritten: grid-scale storage, industrial heat, and ag-fintech in emerging Asia². Two of our existing portfolio companies are within a quarter of the milestones in your last impact report³.

Id welcome 30 minutes. Happy to come to Euston Road, or to host you in our London office. Two slots before the close of week if useful.

Chris

Grounded in real signals

Every yellow-underlined phrase pulls from a specific filing, press moment, or allocator mandate.

Every claim cited

  • ¹BVCA Summit transcript · 14 Mar 2026
  • ²Wellcome Impact Report · Q4 2025
  • ³Internal portfolio milestones · Fund II

Tone · peer / institutional

First-name address. Warm close. No "I hope this finds you well."

Risk flags

None detected · ready for review

3 sources cited·Reviewed by Chris
Ready to send
No. 2.3Diligence

A 312-question DDQ, drafted before lunch.

Drop in any DDQ: ILPA Standard, custom LP template, sovereign questionnaire. Raven pulls from your knowledge base, drafts every answer with citations, and surfaces the questions that need a partner’s judgment before you ship it back.

  • Source-cited answers, audit trail enabled by default
  • Detects inconsistencies across past responses
  • Reviewer queue for the questions only a partner can answer
ddq · Wellcome Trust · ILPA 2.0
processing
Total questions
312
Auto-drafted
0/ 312
Needs partner
0in reviewer queue
progress
0%
now drafting·Q 5.01 · Track record

Question

Provide gross & net IRR by vintage, net of fees and carry.

Ravens draft answer

writing…

Returns by vintage, net of 2% management fee and 20% carry:

Fund · vintageGross IRRNet IRR
Fund I · 2019 realised
Fund II · 2022 partial
Fund III · 2024 deployingn/mn/m

Fund III · too early to mark · first distribution expected Q4 ’26

Source·Audited financials 2024·p. 14

Raven reads your data room, drafts the answer in your voice, and links every number back to the document it came from, so the reviewer can trust it in one click.

Question · sourceStatus
4.12

Investment process · sourcing & screening

source · Fund III LPA § 4

Drafted
4.13

Deal-team composition & decision rights

source · PPM pp. 22–24

Drafted
5.01

Track record · gross & net IRR by vintage

source · Audit · 2019–2024

Drafting…
5.02

Loss ratio & mark-to-market discipline

route · Partner judgement

Needs partner
6.07

ESG integration & SFDR Article classification

source · ESG policy v3

Drafted
7.03

Key-person provisions & succession plan

source · LPA § 11

Drafted

Reviewer queue

The 8 questions only a partner can answer are surfaced for you — not buried in the pile.

Open queue →
Elapsed 41 min·Reviewer Chris·Audit trail enabled
< 1 hr to complete

An aside,

from the founder.

Raven is the platform we wanted in our seat. Built from the first principle of how institutional capital actually moves.
Christophe El-Hage · Founder

No. 03

03The workflow

Every step here exists for one reason, to put a partner in a room with an LP.

Commitments don’t come from dashboards. They come from meetings. Raven’s job is to book more of them, and to keep your partners out of the paperwork in between.

A field guide,

in six movements.

The north star —

Meetings booked,
per partner,
per week.

  1. Day 0–3Onboarding

    Workspace provisioned. Your fund's knowledge base ingested.

    Drop in your data room, prior decks, last raise's outreach. Raven indexes against your mandate. SSO live. No services engagement, no implementation fees.

  2. Week 1Atlas · who to meet

    The 200 allocators most likely to say yes. Briefed.

    Mandate-fit ranking against your specific thesis. Each name carries a one-page brief: recent moves, public commitments, who on your cap table already knows them. The shortlist is a meeting list, ordered by who will pick up the phone.

  3. Week 2–3Outreach · the ask for time

    Every email ends with a calendar link. That's the whole point.

    No mass send. Drafts cite real signals from the allocator's last quarter, reference a mutual, and propose a time. Follow-ups trigger on silence, on reply, on forward, all with one goal: turn an inbox thread into a 30-minute slot.

  4. Week 4Meetings · the whole point

    Your calendar fills. This is the work.

    Twelve to eighteen first meetings land on the partnership’s calendar. Raven writes a pre-read the night before each one: the allocator’s recent tape, questions they’ve asked other GPs, the three things to not-say. After the meeting, it drafts the follow-up from your notes before you land.

    This week · partner calendar

    14 meetings booked

    Mon

    9:30
    MIT Endowment
    14:00
    Hamilton Lane
    16:30
    Adams Street

    Tue

    10:00
    Wellcome Trust
    13:30
    Cendana Capital
    open

    Wed

    9:00
    UTIMCO
    11:30
    Northleaf
    15:00
    Sapphire FoF

    Thu

    10:30
    Teacher Retire.
    14:30
    GCM Grosvenor
    open

    Fri

    9:30
    Vintage Invest.
    12:00
    Ford Foundation
    15:30
    Capricorn

    Same partner. Same five days. 3× the conversations.

  5. Week 5–7Diligence · so you stay in rooms

    The DDQs come back drafted. You keep taking meetings.

    A 312-question ILPA arrives Monday; by Wednesday every answer is drafted with citations. The eight questions only a partner can answer surface cleanly, the other 304 never touch your week. Paperwork stops being the reason you cancel Thursday's call.

  6. Week 8–12Commitments · the thing that counts

    First soft commits land. Because you were in the room.

    Allocators wire money to GPs they trust, and trust is built across three conversations, not three dashboards. Raven’s scoreboard was never open rates or pipeline value. It was always this: meetings taken, hands shaken, checks signed.

No. 04

04The receipts

Composite figures from our private alpha cohort, eight funds, four asset classes, raises from $80M to $1.4B.

The cycle, rewritten

From eighteen months to under nine.

Industry
~18 mo
100%
Raven
~9.5 mo
53%
03691218 mo

Cycle time

0%

Median time from first touch to soft commit, vs. the same teams’ prior raise.

Reply rate

0.0×

Allocator reply rate on Raven-drafted outreach vs. industry baseline cold outreach.

DDQ throughput

0×

Answers drafted per partner-hour. Reviewer queue catches the questions only you can answer.

Hours returned

~0/wk

Per partner, on average. Time that compounds into the meetings that close the fund.

Field report

Managing Partner
$420M infra fund
London · 2025

It is the first tool I have shown the partnership where everyone (including the founders, who have raised four funds between them) said ‘we needed this on the last raise.’

No. 05

05Built for institutions

Engineered for the institutions that built the industry.

Every architectural decision is a defensible one: data residency, model lineage, auditability, and the right to be forgotten.

Data residency

EU Central, Frankfurt. Postgres with row-level isolation per workspace.

Model lineage

Anthropic Claude. Opus for composition, Sonnet for ranking, Haiku for triage.

Compliance

GDPR by design. SOC 2 Type II in progress with a Big Four auditor. Every action timestamped and exportable.

Right to be forgotten

Workspace-scoped deletion. No model training on customer data, ever.

No. 06

06From the founder

A short letter, in the founder’s hand.

Author

Christophe El-Hage

Founder, Raven

Prior

  • BlackstoneFundraising Strategy team
  • Real Estate Private Equity Investorat a $100B fund
  • Founder, Own Fundraising Advisoryassisting with >$1B in fundraising

Track record

$2B+ in transactions executed

Most of the time spent fundraising is not spent in front of allocators. It is spent finding them, qualifying them, drafting around them, and chasing the threads that come back. Raven exists to take that work off your team’s desk so the time you have left in the cycle is the time that compounds, face to face, in the room.

I spent a decade inside the institutions that allocate private capital, investing real estate private equity at a $100B fund, then advising on more than a billion dollars of fundraising. Every tool I used was built for a different industry. Raven is the tool I wish I’d had.

Christophe El-Hage · Founder, Raven
No. 07Closing remarks

Raise like the institution
you already are.

Raven is in private alpha with eight institutional GPs. We onboard one new fund per fortnight to keep the bench close to the partnership.

Reviewed personally by Chris · Reply within 48h

Commercial terms

Fourteen days free, no card. No success fees, ever.

Starter

$349 / mo

Two seats. Five active campaigns. Outreach + Atlas.

Professional

$899 / mo

Eight seats. Fifteen campaigns. Twenty-five DDQs. Reviewer queue.

Institutional

On request

Unlimited. SSO, SCIM, dedicated environment. Named partner contact.