PerTrac Portfolio Enables Hedge Fund Allocators to Perfectly Model Hedge Fund Terms and Conditions In Order To Accurately Track the Liquidity of Their Portfolios

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.