March 1, 2011
One Third of All Global Funds of Funds Rely on PerTrac to Improve Investment Decision Making and Enhance Client Service
PerTrac’s Institutional Quality Software Solutions Also See Record Growth Among Pensions, Endowments and Foundations
Hong Kong - March 1, 2011 - PerTrac (www.pertrac.com), the leading provider of analytics, reporting and communications software for investment professionals, today announced that over one-third of all fund of hedge funds around the world have selected PerTrac software to help improve performance and service their investors.
Fund of funds recognize the growing need for superior analytical software to help them optimize allocations and improve overall fund marketing. Increasing numbers of fund of funds managers are selecting PerTrac Analytics to help identify investments, construct portfolios and create performance reports. In addition, their investor relations counterparts are using PerTrac CMS to manage their fund raising and marketing campaigns.
Alpha Asset Management (Pty) Ltd, a multimanager investment specialist based in South Africa, and Pulse Capital Partners LLC, an alternative asset management company based in New York, are among many allocators who have recently chosen PerTrac Analytics to evaluate the diverse universe of alternative and long-only funds in pursuit of alpha for their clients.
“As we optimize portfolios, PerTrac Analytics will make it easier for us to construct efficient frontiers and undertake rigorous quantitative analysis,” said Reza Hendrickse, Research Analyst from Alpha Asset Management. “In addition, by consolidating and standardizing all of our performance series into a single location, our processes for creating custom reports for our private client base and producing our own company fact sheets will be far less labor intensive. The efficiencies we will gain will contribute to the scalability of our growing business.”
Jean Claude Issa El-Khoury, founding partner of Pulse Capital Partners, said, “PerTrac Analytics helps our investment team more effectively scan the worldwide market to identify managers who fit our investors’ criteria. We also help single managers with their capital-raising efforts by initiating and following up on marketing campaigns across the US, Europe and the Middle East. After evaluating various products available to manage these activities, we selected PerTrac CMS because it provides us with the flexibility we need to manage the processes efficiently, accurately and with a complete audit trail.”
While PerTrac continues to dominate in the fund of funds market, the company also witnessed its pension, endowment and foundation client base grow by nearly 25% in 2010, reflecting industry-wide trends of greater institutional allocation to alternative assets and closer scrutiny of managers. Increasingly, institutional investors are using PerTrac software to conduct rigorous due diligence of their managers and gain better transparency into the risk profile of their alternative investments.
