Park Square Capital Selects SunGard's Investran for Fund Administration and Investor Reporting
February 29, 2012 — London
Park Square Capital, LLP, a leading independent provider of credit products in Europe, has selected SunGard’s Investran to help strengthen the administration of its funds by providing investor and partnership accounting, and management and performance fee calculations. Investran’s award winning
application suite supports the entire investment lifecycle – from fundraising through reporting and portfolio monitoring – helping to automate front-, middle- and back-office processes for private equity and alternative investment firms.
Investran will help Park Square streamline its back office operations with greater automation and transparency. Investran’s integrated platform will help facilitate Park Square’s investor and partnership accounting, management and performance fee calculations as well as financial reporting, including performance reporting across all funds.
Klaus Petersen, partner at Park Square, said, “We selected SunGard’s Investran because of its reliability and robust reporting capabilities. It will help us gain more control over our data security and help us automate portfolio accounting processes for greater efficiency and scale as we grow our business. We particularly like the strong general ledger features of the solution as well as its flexibility in supporting our structures.”
Lauren Iaslovits, chief operating officer for SunGard’s Investran business unit, said, “SunGard’s Investran was recognized by Park Square as a reliable investment accounting solution that could support its growth through the provision of automated processing and transparent reporting. As a significant player in the mezzanine debt funds space, Park Square’s selection of Investran underscores the solution’s ability to meet the complexities of leading funds.” About Park Square Capital
Park Square Capital, LLP is a leading independent provider of credit products in Europe, managing and advising over $2.5 billion of capital. It was the lead investor in Europe’s two largest mezzanine deals (Alliance Boots and Ziggo). Park Square was established in late 2004, with the goal of creating an independent investment platform that through patient fund structures and fundamental credit analysis could deliver superior risk-adjusted returns over a long period of time. The firm currently comprises of 35 full time staff, including 18 investment professionals and 7 partners. Park Square Capital was notable in calling the peak of the credit market in late 2006 and 2007, and invested through the depths of the credit crisis. About SunGard’s Investran
SunGard’s 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 Investran’s 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 SunGard’s portfolio of alternative investment solutions, visit www.sungard.com/investran/learnmore. About SunGard
SunGard is one of the world’s 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 was ranked 434 on the Fortune 500 in 2011. Look for us wherever the mission is critical. For more information, please visit www.sungard.com
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