LaCrosse, an independently managed subsidiary of Cargill, provides operations, middle-office and administration services to complex funds requiring capabilities in equities, fixed income, foreign exchange, credit instruments, distressed debt, commodities, emerging markets and related derivatives. Additional services will include facilitation of custodian and prime broker confirmation, trade confirmations, over-the-counter derivatives processing, cash and collateral management, administration of onshore and offshore fund entities and independent valuation of hedge fund portfolios.
The new PerTrac investor database solution integrates easily with many of LaCrosseâs existing operational systems, supports high volumes of data, handles the most complex fund structures and efficiently delivers investor reporting globally.
âThe PerTrac CMS platform supports our emphasis on high quality reporting, which provides our complex hedge fund clients with more time to focus on the markets and on financial performance,â said Gerard Tallarido, product development manager at LaCrosse.
âWeâre extremely pleased to begin our relationship with LaCrosse by supplying them with PerTrac CMS,â said Gerry Mintz, PerTrac Financial Solutions president and CEO. âWe think this is easily the best solution for funds of funds, hedge funds, prime brokers and fund administrators who need a user-friendly tool to harness the huge amounts of information they both receive and create in a way that is specifically tailored to their roles in the alternative investment industry.â