Fund-level operating infrastructure plus full deployment into every portfolio company. For operating partners at cross-sector PE funds who need institutional-grade advisory without institutional headcount.
Powered by Aether — CYPHR's proprietary AI operating architecture.
Portfolio companies arrive with fragmented operations, inconsistent functional capacity, and no standardized operating model. The operating partner needs institutional infrastructure deployed at portfolio scale — not one-off advisory engagements per company.
Cross-sector PE is a fundamentally different challenge than running a single operating company. Each acquisition brings a different management team, different functional gaps, different technology infrastructure. Building a bespoke advisory engagement for each portfolio company is slow, expensive, and produces inconsistent results.
The operating partner needs a standardized, repeatable infrastructure model — one that deploys the same institutional-grade operating architecture into every portfolio company from day one. That's what BLACK delivers.
Each acquisition arrives with a different profile of functional strength and weakness. Without a standardized deployment model, each company requires a custom diagnostic and custom remediation — burning operating partner bandwidth on work that should be systematized.
Without shared operating infrastructure, portfolio benchmarking is impossible, value creation plans are harder to execute across companies, and exit preparation becomes a fire drill rather than a managed process.
A lower-mid-market fund with 8–12 portfolio companies and a team of 10–25 professionals cannot staff every functional need at every company. The operating partner extends reach through leverage — and BLACK is that leverage.
Traditional consulting is built around individual engagements — one company, one project, one invoice. It does not produce the standardization, benchmarking, or institutional continuity that a PE operating model demands.
BLACK operates on a two-component model: a fund base that covers GP-level infrastructure, and a per-company fee that activates the full operating architecture at each portfolio company. Portfolio company count is the only variable. There are no tiers at the company level — every company gets the same deployment.
The result is institutional-grade operating infrastructure deployed at PE scale — standardized across the portfolio, benchmarkable across companies, and aligned with the investment lifecycle from acquisition through exit.
Cross-portfolio infrastructure. DD capacity, exit preparation, portfolio-wide initiatives. Active for the life of the fund relationship.
Full deployment across all 10 corporate functions. Activates at acquisition. Same architecture at every company, every time.
Quality of earnings support, management team readiness, operational documentation — covered under the fund base.
$25K + (8 × $7.5K) = $85K/mo = $1.02M/year
Every BLACK engagement runs on Aether, CYPHR's proprietary AI operating architecture. Aether enables cross-portfolio pattern recognition while maintaining strict data segregation between portfolio companies — so the fund benefits from portfolio-wide intelligence without any portfolio company having visibility into another.
At the portfolio company level, Aether powers the full ten-function operating architecture — coordinated advisory across Finance, Operations, Marketing, Technology, Legal, Risk, Tax, Corporate Development, Human Capital, and Executive Operations from day one of deployment.
Cross-portfolio performance pattern recognition — identifying operational gaps, benchmarking performance against portfolio peers, and surfacing value creation opportunities across acquisitions — while each portfolio company's data remains fully segregated.
Due diligence sprint capacity for new acquisition targets — rapid operational assessment, functional gap analysis, and 100-day plan development calibrated to investment decision timelines.
Exit-ready operational documentation — quality of earnings support, management team readiness assessments, and process documentation maintained continuously from acquisition, not reconstructed at exit.
Let's discuss how BLACK deploys across your portfolio. Fund structure, company count, sector mix — tell us where you are.
CYPHR BLACK provides operating advisory services for PE-owned portfolio companies. CYPHR does not provide legal, tax, or accounting services. Advisory does not constitute legal or financial advice. All pricing is subject to annual commitment and formal engagement terms. CYPHR BLACK is a division of CYPHR Group.