Showing posts with label Fund. Show all posts
Showing posts with label Fund. Show all posts

Thursday, 28 February 2013

Stonegate Capital Partners, LLC - Announces the Release of its Stand Alone Global Hedge Fund Administration Service Offering

Atlanta, GA (PRWEB) April 26, 2012

John McCorvey III, Chief Executive Officer of Stonegate Capital Partners stated, Our goal as a firm is to provide outstanding client service through an institutional-level service offering for emerging fund managers that are $ 250 million AUM and below. Our technology infrastructure is world class and completely streamlined. Our team has tremendous industry experience and we deploy our global fund administration services in an very cost effective manner.

Along with the release of its stand-alone global fund administration offering, Stonegate Capital Partners is simultaneously releasing its latest white paper entitled, Hedge Fund Capital Raising – The Fee Drag Impact on Hedge Fund Performance. The white paper highlights the critical importance of cost management to mitigate the fee drag effect on fund performance, which has a dramatic impact on the net performance of smaller funds and stifles their asset growth.

McCorvey went on to say We have been successful in saving our clients between 30-50% on their monthly hedge fund administration costs. Our robust technology infrastructure provides clients with a fully managed hosting environment with data backup and disaster recovery which can compliment our clients own internal disaster recover, data backup and business continuity plans.

The firm also provides a suite of hedge fund startup and operational services for hedge funds, private equity funds, real estate funds and ABL funds, creating domestic and offshore funds including master feeder funds and other complex fund structures.

Stonegate Capital Partners primarily caters to institutional traders, prop traders, investors, family offices, and other investment professionals who are either managing hedge funds, private equity funds, real estate funds, and ABL funds, or who are looking to start a hedge fund and need a knowledgeable partner who can guide them through the process and deliver a comprehensive hedge fund solution in a cost-effective and timely manner.

Stonegate Capital Partners

Stonegate Capital Partners is an offshore and domestic hedge fund consulting firm, specializing in the formation and management of offshore and domestic hedge funds. With offices in New York and Atlanta, the company provides unparalleled service to start-up and emerging hedge fund managers. With its industry-leading Hedge Fund In A Box and PrimeOne solutions, the firm deploys a range of hedge fund services to its clients, including domestic and offshore hedge fund formation, fund administration, fund compliance, prime brokerage, marketing/ media, website development, and capital introduction.







Related Disaster Recovery And Backup Services Press Releases


Stonegate Capital Partners, LLC - Announces the Release of its Stand Alone Global Hedge Fund Administration Service Offering

Thursday, 24 January 2013

SL Private Equity Fund Administration Services Selects SunGards Investran for all Private Equity Third Party Fund Administration Services

London (PRWEB) November 20, 2012

Third-party-administrator SL Private Equity Fund Administration Services (SLPE) has selected SunGards Investran to help offer a higher level of administration and reporting, including timely and detailed information covering all investments, performance and risk exposure, for its global network of clients. SunGards Investran is an award winning solution for private equity and alternative investment firms that helps automate front-, middle- and back-office processes and supports the entire investment lifecycle. SLPE is one of the first third party administrators head-quartered in Europe to offer PE fund administration services leveraging the latest version of Investran.

SunGards Investran will help SLPE analyze, manage and disseminate large amounts of qualitative and quantitative data. As an integrated front-to-back solution suite, Investran will facilitate internal collaboration, support investor relations and automate accounting, thereby helping improve overall operational efficiency and accountability. SLPEs full range of clients will be fully supported by Investran, including GPs such as venture capital funds, real estate and private equity real estate, and LPs such as funds of funds, funds of private equity funds, pension and endowment funds, family offices, and institutional investors. SLPE will access Investran through SunGards hosted Software-as-a-Service (SaaS)* delivery model.

Providing the best quality of services to our own clients is a principle we value above all others. Combined with our expert fund administration teams, we rely on the use of state-of-the-art technology and we chose Investran for its depth and quality of reporting, operational efficiency, reliability as well as its track record of success, said Negin Bemanzadeh, managing director at SLPE. In addition, utilizing SunGards SaaS delivery model will help us better focus on the business of servicing the complete and complex needs of our clients around the globe.

Lauren Iaslovits, chief operating officer for SunGards Investran business unit said, SLPE joins a growing number of third-party-administrators looking to improve their fund administration and reporting practices and we look forward to supporting its evolving business by helping improve firm-wide efficiencies, reduce operational risks and streamline operations.


SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this initiative is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.

About SL Private Equity Fund Administration Services Ltd

With a fundamental client-centric focus and philosophy, SL Private Equity Fund Administration Services combine state-of-the-art technology and expert fund administration teams to create best-practice processes and systems, providing full fund administration services across the PE universe and ensuring that clients funds comply with the appropriate regulatory, financial and tax reporting requirements. SL PE help private equity funds, family offices and pension funds achieve a much higher level of reporting functionality, including timely and granular information covering all investments, performance and risk exposure at the utmost level of transparency; furthermore, SL PE constantly monitor industry issues and keep managers and institutional investors informed about changing guidelines to help minimize operational and reputational risk.

About SunGards Investran

SunGards Investran is an integrated application suite that automates front-, middle- and back-office processes for private equity and alternative investment firms. Investran helps improve business efficiencies to facilitate collaboration, support deal flow and automate accounting. Firms rely on Investrans integrated capabilities to help meet their needs in the entire investment life-cycle, including relationship management, reporting, monitoring, accounting, fund raising and deal pipeline management. For more information on Investran and SunGards portfolio of alternative investment solutions, visit http://www.sungard.com/investran/learnmore.

About SunGard

SunGard is one of the worlds leading software and technology services companies. SunGard has more than 17,000 employees and serves approximately 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $ 4.5 billion, SunGard is the largest privately held software and services company and is ranked 480 on the Fortune 500. For more information, please visit http://www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Investran are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.


SL Private Equity Fund Administration Services Selects SunGards Investran for all Private Equity Third Party Fund Administration Services

Monday, 21 January 2013

Venture Capital Fund invests in Cloud Backup from Databarracks

(PRWEB UK) 31 October 2012

The Company: Advent Venture Partners venture capital investors based in London.

The Challenge: To improve unreliable and inefficient tape backups.

The Solution: Databarracks was chosen to set up cloud backup with Asigra software and Virtual Disaster Recovery (VDR).

Advent Venture Partners is one of Europe’s most successful growth and venture capital investors in market-leading tech and life sciences businesses.

Regulated by the Financial Services Authority, Advent Venture Partners has to comply with strict rules and legislation related to financial information and records. The company holds confidential intellectual property data and commercial information making secure backups an absolute necessity.

Our most critical data is our Finance information , says Paul Girling, Advents Head of IT. This includes all the facts and figures about our investments which are not only very important but also very sensitive.

Our biggest concerns were the reliability of and the efficiency of tape backups. We used tapes for backup and a tape collection service to make sure our data was also stored off-site. The situation wasnt ideal. If we had a problem and needed a restore, we would either have to wait until the following day for our tape to be returned or pay for same-day delivery of the tapes.

Advents location also makes the company vulnerable: In addition to the usual worries about disk failure or corruption of databases, we are based in Central London, in close proximity to Buckingham Palace. It isnt uncommon for us to be denied access to the office because of incidents such as security threats. The office and systems are fine but we arent able to access them. Our continuity – planning has to include in these occurrences too.

Mr Girling cautiously set about improving Advents backup system: Cloud backup was always going to be a better alternative, but we had to wait until the service had reached maturity and could do exactly what we wanted.

During the selection process I saw countless different companies but I was never completely confident. There were always question marks over the software and the technology being used and I was never convinced it would work.

It was quite a challenge to convince the partners here that this was the right route for us. The business had been using tapes since before I arrived, so to move to something completely different was obviously quite a leap, admits Girling.

After meeting with Databarracks, any doubts about cloud back up were put to rest: The functionality of the Asigra software is superb and the infrastructure is first-rate.

A key part of the selection process for us was being able to visit the data centre and see that our information is being stored somewhere so secure and resilient. There are a lot of similar services being hosted out of data centres in the middle of the city but that is a risk we didnt want to take, explains Girling.

Databarracks hands-on approach during the initial setup process was also appreciated: An engineer came to our site to collect our first backup and set us up. Having the one-to-one contact with the engineer really helped and together we went through our different data restoration scenarios and retention needs. We then designed all of the backup sets. We were able to set it up exactly how we needed it rather than being limited by what the software would allow, says Girling.

Now, when we lose data, I have access to all the backups straight away and can have it restored in minutes. The backup system has really been tested. On several occasions we have had to make restores and roll-back the databases.

In the event of a complete disaster, Advent is able to restore its servers into Databarracks’ Virtual Disaster Recovery environment using a bare-metal restore. This allows staff to continue to operate from a temporary, cloud-hosted platform while the onsite problems are resolved.

What has most impressed us is the standard of customer service we have received, reveals Girling. Great technology is vital – but it counts for nothing if the service isnt good. I have actually used Databarracks as an example of excellent customer service to other companies.

About Databarracks:

Databarracks has been a cloud service provider for almost a decade, implementing disaster recovery and production environments for companies of all sizes throughout the world.








Venture Capital Fund invests in Cloud Backup from Databarracks