CONTACT:
Milt
Baehr, Principal, Strategic Financial Solutions, LLC, (775) 833-2243
Donald Cacciapaglia, CEO, Channel Capital Group Inc., (212)
381-8055
www.pertraconline.com, www.hedgefund.net
NEW YORK, October 22, 2002 – Strategic Financial Solutions, LLC, creator of the world’s leading asset allocation and investment analysis software PerTrac™ 2000, and Channel Capital Group Inc., the Internet’s leading source for hedge fund performance data and news, today announced the launch of PerTrac™ Online, a simple, powerful new tool that helps investors navigate the vast universe of hedge funds.
PerTrac Online combines the power
of PerTrac’s proven single-manger performance measurement and analytics
platform with HedgeFund.net’s database of more than 2,300 hedge funds in one
easy-to-use, Webweb-based tool. PerTrac Online’s innovative
features simplify the hedge fund screening process, and make available analytic
tools previously enjoyed predominantly by major investing institutions. PerTrac
Online’s major features include:
● Advanced searching and screening tools
● Peer-group analysis
●
Side-by-side fund comparisons
● Peer-group analysis
● Complete performance measurement reports
● Performance ‘Watch List’
● The ability to easily upload any fund’s data for analysis
PerTrac™
Online also introduces a new standard for indices in the hedge fund market –
the HedgeFund.net/PerTracHedgeFund.net-PerTrac
Universes. Rather than provide simple or weighted averages, the HedgeFund.net/PerTracHedgeFund.net-PerTrac
Universes instead show the percentile performance breakdowns for all hedge funds as well
as each of HedgeFund.net’s 35 investment strategies. This robust data
aggregation tool helps investors gain a more detailed view of hedge fund
performance. In addition, the HedgeFund.net/PerTracHedgeFund.net-PerTrac
Universes are recalculated each night, so the indices are always up-to-date.
“The launch of PerTrac Online is
the culmination of a long- time strategic partnership relationship between two of the most well-known organizations
in the hedge fund industry,” said Milt Baehr, co-founder of Strategic Financial Solutions, LLC, and developer
creator
of PerTrac. “Finally, investors don’t have to rely on weak assumptions
about hedge fund performance when screening and analyzing hedge fund
investments. Using a sophisticated toolset, highlighted by the innovative
IntelliStat™ feature, PerTrac Online takes a great deal of the guesswork out of
hedge fund analysis.”
“We are excited to work with PerTrac on this important investing tool,” said Donald Cacciapaglia, chief executive officer of HedgeFund.net. “PerTrac Online incorporates cutting-edge investment analytics with the HedgeFund.net database, which is the most widely used hedge fund database in the industry. PerTrac Online also furthers our commitment to greater transparency in the alternative investment industry. HedgeFund.net can now offer our thousands of registered users an impressive, easy-to-use - not to mention affordable - tool for harnessing the rich performance data available in the HedgeFund.net database.”
______________
Strategic Financial Solutions,
LLC is the creator of PerTrac 2000 and a number of other software tools for
investors and investment professionals. Introduced in 1996, PerTrac 2000 SE
is now used by over 800 clients in 26 countries, including banks, brokerage
firms, consultants, plan sponsors, family offices, investment managers and
funds of funds. PerTrac’s full suite of services allows staffs to operate at
maximum capacity while simultaneously reducing the overlapping costs of
multiple software programs. Data is readily available from a wide variety of
outside sources on a wealth of investment vehicles, including hedge funds,
CTAs, mutual funds and separately managed accounts. PerTrac offers
comprehensive information management capabilities that can be customized and
searched based on almost unlimited criteria. The software also rapidly
calculates over 900 investment statistics and provides manager searches, portfolio
construction, optimization, style, peer group and statistical analysis, and
Monte Carlo simulation. Once statistics are compiled, PerTrac Publisher
can swiftly produce a wide range of fully customizable presentation materials,
including charts and graphs. PerTrac also easily interfaces with an array of
Microsoft programs, including Word, Excel and PowerPoint. In addition, SFS now
offers PerTracNet, a comprehensive web-based tool that combines
PerTrac’s proven analytic capabilities with turnkey website development and
hosting services. Favored by investment managers, PerTracNet eliminates the
need for expensive design and hosting services and quickly establishes a
presence on the Internet. PerTrac has also introduced PerTrac Publishing and
Design, a one-stop analysis and design center for marketing documents and
client reports. For traditional investment analysis, SFS has launched StyleTrac.com
with partner Nelson Information, a division of Thompson Financial Group. This
website offers free web-based style analysis of more than 8,700 mutual funds
and 3,600 separately managed accounts. For additional information on the full
suite of SFS products, visit www.pertrac2000.com.
HedgeFund.net is the Web's most popular destination for hedge fund information and performance data. A recent survey found that 75% of alternative investment professionals rely on HedgeFund.net as a hedge fund database. The site serves a rapidly growing userbase of more than 30,000 accredited investors in over 85 countries. Registered users include high-net-worth individuals, family offices, funds of funds, foundations, endowments, and pension funds from around the world. These investors use HedgeFund.net as an invaluable source for up-to-the-minute news, useful commentary and performance data on more than 2,300 hedge funds, with new funds added daily. Fund managers who list their information on the site can opt for various levels of transparency and visibility to our accredited investor userbase. The site’s premium service for fund managers is called HedgePlus - the most powerful platform for visibility and transparency in the industry. HedgeFund.net is the only Web destination where qualified investors can access hedge fund information and performance data for free.