Sat, Dec 16, 2017
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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  3. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  4. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans

  5. eVestment: hedge funds extend winning streak[more]

    Bailey McCann, Opalesque New York: Hedge funds marked their 13th consecutive month of positive returns in November with +0.47% average returns for the month, according to the latest Hedge Fund Performance Report from eVestment. Activists, long/short and quant equity strategies are producing