Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

PerTrac releases software program designed to help investors in hedge funds manage their portfolios

Monday, February 06, 2012

Brendan Dolan
Opalesque Industry Update — PerTrac, the leading provider of analytics, reporting and communications software for investment professionals, today announced the latest release of PerTrac Portfolio, a software program designed to help investors in hedge funds manage their portfolios.

Institutional investors often invest in multiple hedge funds, each of which maintains different terms and conditions regarding when and how investors can redeem shares. Managing redemption risk presents a challenge for those who try to model and monitor it in Excel spreadsheets or applications not designed to address the full complexity of today’s agreements. PerTrac Portfolio systematically solves this problem with the industry’s most sophisticated data model which includes an advanced algorithm to produce dynamic views of liquidity information. In doing so, PerTrac Portfolio increases investor transparency and mitigates both monetary and operational risk.

“Multi-manager investors are challenged by today’s complex hedge fund subscription agreements. From complex redemption frequencies to fees and investor gates, PerTrac Portfolio was designed to standardize the process of managing hedge fund liquidity terms by bringing rigor to a process that is typically handled in Excel,” said Brendan Dolan, Co-President of PerTrac. “Using PerTrac Portfolio, allocators have access to dynamic analytics that show how quickly they can liquidate an individual portfolio and how much liquidity is available on any given date. Moreover, they can easily filter penalty-free redemption amounts from those subject to fees. The power of PerTrac Portfolio is that it enables hedge fund allocators to quickly and accurately understand their positions, model their portfolios to meet their desired liquidity risk parameters and mitigate their operational risks.”

PerTrac Portfolio includes the following core components:

 An advanced liquidity engine,
 A portfolio exposure analysis engine,
 A trade blotter equipped with multi-currency capabilities,
 A statistical tool which leverages integration to PerTrac Analytics,
 And more…

Designed for multi-manager investors including pensions, endowments, foundations, family offices, sovereign wealth funds, and funds of funds, PerTrac Portfolio complements investors’ existing general ledger systems to provides in-depth analysis on existing positions and project future cash flows to allow for analysis on future positions.

(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. More than 1,400 organizations in 50 countries rely on PerTrac software solutions to help them maximize returns, reduce risk and operate more efficiently. Founded in 1996, PerTrac is headquartered in New York with offices in London, Hong Kong, Tokyo, Reno, and Memphis. www.pertrac.com

BG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.