Netage Solutions Opens Office in New York City

CAMBRIDGE (MA) – 3 May, 2005 – Netage Solutions, a leading global provider of front-office software for the alternative assets industry - hedge funds, private equity, venture capital and funds of funds – today announced that it has established operations in New York City to strengthen its market presence and respond to the accelerating demand for hedge fund investor and compliance management technology, following a strong quarter of over 25% revenue growth.
The Netage suite of hedge fund software products, InvestorDynamoâ„¢, enables investor relations and compliance teams to easily send and track mailings to interested parties, store client and prospect information in a central repository, enhance compliance best practices, and proactively track key statistics (e.g. ERISA exposure).

"Our new office positions us to more effectively service a region where many of our clients are concentrated", said Mr. Krassen Draganov, CEO of Netage Solutions. "As Netage is rapidly expanding its business with large hedge funds, funds of funds, prime brokers and fund administrators, having an office in New York reflects our commitment to the financial sector and helps us accelerate the adoption of our hedge fund product line."

The New York City office is the latest step in the company’s global expansion after its offices in Boston, London and Sofia. The new office is located at 22 West 23rd Street, 5th Floor, New York, New York 10010.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development