Thu, Jun 20, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Industry Updates

Data software provider PerTrac expands management team in response to growth in hedge funds industry

Wednesday, May 25, 2011

Brendan Dolan
Opalesque Industry Update - Company Hires Lisa Corvese to Lead Global Strategy and Jed Alpert to Head Global Marketing

PerTrac, the leading provider of analytics, reporting and communications software for investment professionals, announced two key additions to its management team today in response to the growth in hedge funds and the investment management industry as a whole. Lisa Corvese has been named Managing Director of Global Business Strategy, and Jed Alpert has been appointed Managing Director of Global Marketing.

“The investment management industry has expanded in the past year, and PerTrac is focused on delivering solutions that help our clients maximize returns, increase efficiency, manage compliance and reduce risk. I’m pleased to welcome two experienced industry and marketing veterans to PerTrac. Lisa and Jed will not only add increased depth to our management team, but also help us to continue to deliver innovative solutions for our clients across the continuum of the investing process,” said Brendan Dolan, Co-President of PerTrac.

According to PerTrac’s recent industry study, Sizing the 2010 Hedge Fund Universe, more funds are launching as alternatives become a larger portion of investor portfolios. In 2010, hedge fund assets under management (AUM) increased 11% over 2009 to $1.6 trillion and 1,184 new funds launched in 2010. The addition of Ms. Corvese and Mr. Alpert will help PerTrac meet the needs of investors and funds as AUM rises and the number of funds increase.

Before joining PerTrac, Ms. Corvese served as Head of Global Client Relationship Management for GlobeOp Financial Services, an independent financial technology firm that provides fund administration services. She has deep experience in the investment industry, has held executive-level positions at both Reuters and Standard & Poor’s and has launched successful businesses in electronic brokerage, wealth management and financial services.

Mr. Alpert has nearly 20 years of international B2B marketing experience with technology growth companies. Most recently he was Vice President of Marketing at ContextWeb, an online ad exchange. Mr. Alpert has also held management positions with Wolters Kluwer and began his career in consulting with the Washington, D.C.-based Advisory Board Company.

(press release)


PerTrac provides software solutions for investment professionals at the fund-level of investing including pensions, family offices, hedge funds, long-only managers, endowments, sovereign wealth funds, funds of funds and industry service providers. Founded in 1996, PerTrac is headquartered in New York with offices in London, Hong Kong, Tokyo, Reno, and Memphis. www.pertrac.com


Recent related articles:
PerTrac annual study finds new single manager hedge fund launches up 51% in 2010, AuM up 11% from previous year to $1.6tn Source

Opalesque Exclusive: 25% growth driven by pensions, endowments and foundations bolstering their in house hedge fund capabilities - PerTrac Source

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. GAIM delegates hear fund of funds fees are increasingly discounted[more]

    Beverly Chandler, Opalesque London: Reporting from the GAIM conference in Monaco, CooConnect finds that funds of funds are taking action over their fees. The site writes: "Funds of funds have insist

  2. Multifonds’ white paper reflects on the likely impact of AIFMD[more]

    Beverly Chandler, Opalesque London: Investment software provider Multifonds has published its white paper, entitled: The impact of AIFMD and convergence survey. Key findings from the survey include: 83% of respondents agree convergence o

  3. Swiss funds increased by CHF 100bn ($829bn) year on year[more]

    The Swiss Fund Association has announced that in May 2013, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Lipper reached around CHF 763 billion, a slight rise of CHF 2.6 billion month-on-month. This represents a marked increase of jus

  4. GAIM Conference – Hedge funds brace for renewed debt crisis, Hedge fund managers don hairshirts and ‘impact investing’ at Monaco meet[more]

    Hedge funds brace for renewed debt crisis From Indiatimes.com: The euro zone's debt crisis may be far from over, while Japan's money-printing gamble to revive its economy could destabilize global markets if it doesn't work, some hedge fund managers say. They are taking the view that the

  5. Microfinance investment vehicles: Due diligence and risk/return analysis: - A brief due diligence framework for MIV investors - Empirical risk/return analysis for MIVs