New Hedge Fund Tool Unveiled

October 23, 2002 ( - Two companies have combined to launch a new tool designed to provide information to hedge fund investors.

PerTrac Online, created by the partnership between Strategic Financial Solutions and, is a web-based tool designed to provide a screening process for the more than 2,300 hedge funds on’s database.

Major features of this tool include:

  • Advanced searching and screening
  • Side-by-side comparisons
  • Peer group analysis
  • Complete performance measurement reports
  • Performance watch list
  • Upload capabilities for new data

In addition, the two companies have created new hedge fund performance indices referred to as Universesmeasuring percentile performance breakdowns in conjunction with 35 investment strategies recalculated on a daily basis.