Relevant Equity Systems Introduces Partner Attribution for Relevant EquityWorks

Waltham, MA - 13 November 2007

Relevant Equity Systems, a software provider to the private equity and alternative investment markets, today announced the release of the new Partner Attribution component for the firm’s Relevant EquityWorks back-office product. The new component extends the system’s Portfolio Management module and is available immediately in Relevant EquityWorks Version 5.9.3.

Partner Attribution gathers realized and unrealized value created by a fund and allocates it back to the individual professionals and teams that created it. General Partners now have an unbiased way of measuring and rewarding value attribution over 1, 3, 5 and 10-year periods.

“Although we were getting by with our legacy attribution system, it made perfect sense to have Relevant extend EquityWorks,” said Roberto Ramirez, vice president of finance, TA Associates. “We used to dread the compilation of partner attribution packages. Now we’re generating easy-to-read reports that measure the value created by individuals, job roles and teams over various time horizons.”

“This new capability illustrates our company philosophy of listening closely to our clients and then developing highly effective, actionable functionality that enhances their operations and fund performance,” said Ray Haarstick, CEO and founder, Relevant Equity Systems. “We worked hard to deliver the new Partner Attribution component just in time to help firms factor attribution into their year-end bonuses.”

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