PerTrac Puts Out Alt. Investments Mgmt. System

January 31, 2008 ( - PerTrac Financial Solutions has unveiled PerTrac Portfolio Manager, a software application to help funds of funds and institutional investors create and manage multi-manager portfolios of alternative investments.

The product helps investment professionals with multi-manager portfolios reduce operational risk, be more productive, and make better decisions by having the right information at their fingertips, according to a news release. The system tracks subscription, redemption, and notice periods and models liquidity across a portfolio, setting alerts for various risk parameters and tracking exposures.

The product’s feature list includes:

  • fund and share class information database,
  • detailed terms capture – lockups, fees and penalties, notice periods,
  • trade capture,
  • detailed liquidity analysis,
  • cash management, including recurring and ad-hoc costs,
  • automated portfolio performance and NAV calculations,
  • currency hedging,
  • watch list of funds under consideration,
  • multi-time frame performance statistics,
  • long and short exposures based on equity, beta, geography, and industry sector,
  • portfolio risk monitoring including risk limits and risk flags,
  • customizable interface, and
  • comprehensive and flexible reporting.

The announcement said the application was developed in conjunction with Caliburn Capital Partners, a fund of funds firm with offices in London and Geneva.

More information is at .