The experience that these members bring to the table is tremendous, and I know they will be a great resource to me and the other officers of PerTrac Financial Solutions as we continue to grow.
New York (PRWEB) October 25, 2006
PerTrac Financial Solutions (PFS), http://www.pertrac.com, today announced the initial members of their new advisory board. The board consists of nine investment industry leaders chosen by the company’s management team for their knowledge and expertise. The advisory board will advise PFS on product development and overall strategic direction. Board members will serve for two years.
Josh Lewis, Founder and Managing Principal of Salmon River Capital, a private equity/venture capital firm that invested in PFS last year, is chairman of the advisory board. Frank Smith, PFS Co-Founder, lends his expertise as well.
Joining Smith and Lewis on the board are: Dermot Butler, Chairman of Custom House Administration & Corporate Services Ltd.; Reza Farman-Farmaian, Co-Founder of Alternative Investments S.A.; Patrick Fauchier, Chairman of the Fauchier Partners Group; Damien Hatfield, Principal-Head of Alternative Strategies Distribution, Pengana Capital; Bill Ullman, Founder of Right Wall Capital; and Hans-Willem baron van Tuyll van Serooskerken, retired from Cargill.
“I’m so pleased to have access to an advisory board that includes industry leaders of such a high caliber,” noted Gerald Mintz, President and CEO of PerTrac Financial Solutions. “The experience that these members bring to the table is tremendous, and I know they will be a great resource to me and the other officers of PerTrac Financial Solutions as we continue to grow.”
Dermot Butler has over 35 years experience in the financial services industry. In 1983, he helped set up McDonnell & Co., the Bermuda-based fund management company, and issuer of the McD range funds. He sold his interest in that company and moved to Dublin, Ireland, in 1989 when he established Custom House, which specializes in the administration of alternative investments and hedge funds. He currently serves as Chairman of Custom House and is deputy chairman of AIMA.
Reza Farman-Farmaian co-founded Alternative Investments SA, a Swiss-based independent asset manager, in 2000. Prior to that, he worked for J.P. Morgan (Suisse) SA as a product specialist in the J.P. Morgan Absolute Returns Products (ARP) Group, with responsibility for developing hedge fund research, analytics, portfolio construction, infrastructure and business group management. Farman-Farmaian also served as Investment Committee member and Assistant Portfolio Manager of J.P. Morgan’s Luxembourg funds of hedge funds. He is a CFA charter holder and Co-Chief Investment Officer of Alternative Investments SA.
Patrick Fauchier co-founded Fauchier Partners Group in 1994. His previous experience includes running VUP, an information company specializing in hedge fund data, and serving as Assistant Professor of Biochemistry at the Universite de Paris V. He is also Chairman of the Advisory Board of the BNP Paribas Hedge Fund Centre at the London Business School.
Damien Hatfield has 25 years experience in the financial services industry. He currently is responsible for the distribution of Pengana Capital’s Alternative Strategies products and is also a Director of Pengana Hedgefunds Limited. Pengana Capital is an Australian-based boutique fund manager with AU$1.5 billion in assets. His earlier experience includes working at Colonial First State as Head of Hedge Funds, as well as various positions involving hedge funds and managed futures products at Basis Capital, Deutsche Bank (Australia), Deutsche Securities (Hong Kong), and ANZ McCaughan. Hatfield is ex-chairman of the Australian Chapter of the Alternative Investment Management Association (AIMA) and was recently inducted into the Australian Hedge Fund Industry Hall of Fame for contribution to the local industry.
Bill Ullman has 17 years of experience on Wall Street and is founder and principal of Right Wall Capital, an investment fund focused on the global financial services sector. Prior to founding Right Wall Capital in 2006, Ullman was a Senior Managing Director in the Prime Brokerage Department at Bear Stearns. Before joining Bear Stearns in 1997, he was a Director in the Financial Institutions Group/Investment Banking Department at Merrill Lynch where he started in 1989.
Hans-Willem baron van Tuyll van Serooskerken worked for the Cargill Group for 35 years before retiring in 2003. The last twenty years of his career with the firm were spent in the futures brokerage arm, where he directed his energy on the development of Cargill’s fund and hedge fund businesses. He also represented Cargill in The Alternative Investment Management Association, of which he became Chairman. From 1997 to 2001, van Tuyll represented the Netherlands as Consul-General in the French-speaking part of Switzerland. Following his many years of activity among various groups in the Dutch community, van Tuyll was made a knight in the Order of Orange Nassau in 2005.
PerTrac Financial Solutions was founded in 1996 with the goal of creating a comprehensive suite of software solutions for investment professionals. The company’s flagship product, the PerTrac Analytical Platform, rapidly became the world’s leading asset allocation and investment analysis software. This state-of-the-art tool offers the most complete array of statistical measurements available, combined with portfolio construction, optimization, efficient frontier, peer and style analysis, retirement planning and Monte Carlo simulation capabilities. Once the analysis is complete, users can quickly create and generate an almost endless variety of reports, graphs and marketing materials which easily interface with an array of Microsoft programs, including Word, Excel and PowerPoint. Investment data is readily available in PerTrac format from a wide variety of outside sources on a wealth of investment vehicles, including hedge funds, CTAs, mutual funds and separately managed accounts. Now an industry standard, PerTrac is used by more than 1,500 clients in 45 countries, including banks, brokerage firms, consultants, plan sponsors, family offices, investment managers and funds of funds. PerTrac CMS is another major component of the PerTrac Suite. It is the investment industry's leading contact and information management system, and is used by more than 225 alternative investment firms around the world. PerTrac CMS provides its users with the ability to effectively manage investor information, including portfolio performance updates from administrators and accounting systems, to communicate with investors, and to manage the workflow, documents and communications related to their investment process. Also included in the PerTrac Suite of Investment Management Solutions is PerTrac Publishing and Design, which provides customized marketing materials for investment managers, and PerTracNet, a comprehensive web-based tool that combines PerTrac’s proven analytic capabilities with turnkey website development and hosting services. For additional information on the full suite of PerTrac products, please visit http://www.pertrac.com.