Thu, Sep 18, 2014
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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Opalesque Exclusive: Old Hill Partners launches specialty finance fund[more]

    Bailey McCann, Opalesque New York: Asset-backed lending is starting to heat up again after a prolonged credit squeeze. The Financial Times reports that a record £18.9bn was borrowed from asset-based lenders in the three months to the end of June. Much of this lending is driven by advanc