A ClearStart for Emerging Fund Managers, a new initiative from ClearStructure Financial
DANBURY, Conn., October 15, 2014 – ClearStructure Financial Technology LLC, a leading global provider of front to back office portfolio management systems is pleased to announce the launch of their ClearStart™ program, which provides emerging hedge fund managers ready access to commercial grade portfolio management software.
In selecting Sentry PM™ as their new core investment management platform, the emerging managers share a common goal to drive growth, improve operational efficiency and eliminate financial leakage. Sentry PM™ provides real-time processing that is cloud-delivered, and supports all their front, middle and back office needs. This includes order management, risk, pre/post trade compliance, GIPS performance, reconciliation, reporting and computing daily Net Asset Valuations.
“Emerging managers do not have the resources of their larger peers and they need operational support as they become established. The ClearStart program is advantageous in that ClearStructure literally backs its client relationships by taking a financial stake in their success,” commented Pam Bloom, Practice Manager – Alternative Investments, InvestTech Systems Consulting. ”We engage with firms of all sizes and the business demands placed upon them can be an operational challenge. To the extent that companies like ClearStructure can target their solutions in a meaningful way to the emerging manager makes a real difference. InvestTech looks forward to adding Sentry PM to our list of viable products and service offerings to be reviewed the next time we perform an evaluation and selection for a Hedge Fund Manager.”
“As a participant in ClearStart, we appreciated ClearStructure’s long-term view which made it possible for us to acquire a highly functional end-to-end solution,” offered Gigi Lam, Chief Financial Officer for Prryho Capital. “Sentry PM automates all of our workflows and its all-inclusive footprint represents real value to us as we don’t have to acquire multiple systems nor worry about integration projects. From the start, it has just been easy.”
“As we continue to grow our hedge fund business, we feel it is important to adapt to current market conditions and invest in the managers’ long-term success”, offered Jeremy Hintze, Chief Operating Officer for ClearStructure. “Resizing and targeting our solution is the responsible step to take as it breeds healthy competition amongst all the managers.”
About ClearStructure Financial Technology LLC
ClearStructure Financial Technology is an independent software firm that delivers state-of-the-art technology solutions capable of meeting the diverse needs of the investment industry. With over fifteen years of direct experience serving CLO Managers, Hedge Funds, Asset Managers and Loan Trading desks, ClearStructure’s Sentry product suite is now used by many of the largest and most respected financial institutions and investment firms in the world.
About InvestTech Systems Consulting
InvestTech Systems Consulting, LLC (InvestTech) is a leading professional services organization serving global investment firms. InvestTech provides specialized expertise in investment technology and operations, enterprise data management strategy, solution evaluation and selection, together with implementation and integration services to investment managers in all sectors: institutional, mutual funds, investment advisory, alternative investments, wealth management, insurance, public and private pension, endowments, foundations, and treasury. Based in Los Angeles, InvestTech has offices in Atlanta, Boston, Houston, New York, and Toronto.
InvestTech has successfully completed in excess of 400 investment systems-related projects encompassing investment accounting, trading, performance measurement and attribution, enterprise data management, risk management, and other specialized investment system applications. InvestTech’s professional resources bring together knowledge in investments, operations, data management, available software applications and their providers, and integration to help buy-side institutions improve efficiencies and expand the benefits of investment systems architecture. InvestTech’s deep industry knowledge, proven methodology and actionable business solutions provide their clients a clear direction for today - enabling more opportunities for tomorrow.
About Pyrrho Capital Management
Pyrrho Capital Management is a global cross-capital structure event driven investment manager. Based in New York, Pyrrho and the Pyrrho Global Event Driven Fund ("the Fund") were launched in 2012. Pyrrho aims to capitalize on hard catalysts that redistribute cash & visible cash flow throughout the capital structure. We focus on situations and components of the capital stack that tend to be inefficiently priced (near-term maturities/calls, distributions to equity, restructurings/exchanges, and mergers and acquisitions etc.). Our team maintains a defined focus on the Financial, Energy and Basic Materials sectors while stressing low correlation and idiosyncratic investments and returns.