Corporate Blog

We’re often asked about our security posture, and for good reason — with over 200 alternative asset clients, the integrity and security of sensitive client data is imperative, further emphasized by some of the recent SEC compliance mandates. In our efforts to ensure that we at Netage surpass client expectations, we’ve continued hardening our IT systems and procedures via continuous testing and validation of our security controls. Not long ago we successfully completed a SOC2 Type II audit, formerly known as SAS 70.

We’re a month into 2012 and things are looking up for the alternative assets industry compared to 2011. While many articles crossing my desk indicated that albeit 2011 was a disappointing year for many hedge funds, there appears to be a deviation from the year priors trend, as LPs are continuing to look to them as a viable investment, now coupled with the biggest monthly gain in over a year.

Guess what? It’s not always money. As we at Netage do our best to keep a pulse on the industry and trends, we’ve read several reports over the last few months from industry peers quantifying the decline in investor transparency.

Back in August our friends over at Clear Momentum conducted a survey of Investment Deal Teams (which you can find here). There are a number of really great takeaways, but the polarized perceptions of GPs and LPs was really the most striking. To summarize, and perhaps unfairly to the greater content of the report, GPs hold confidence that they are satiating the demand for transparency, while LPs are hungry for more. This isn’t the first such report we’ve seen, as there are several others independently authored that reach very similar conclusions. Thus, we have the consistent issue of fund managers reporting less, but operating under the assumption they’re providing more than enough information.

We’re often asked about our security posture, and for good reason — with over 200 alternative asset clients, the integrity and security of sensitive client data is imperative, further emphasized by some of the recent SEC compliance mandates. In our efforts to ensure that we at Netage surpass client expectations, we’ve continued hardening our IT systems and procedures via continuous testing and validation of our security controls. Not long ago we successfully completed a SOC2 Type II audit, formerly known as SAS 70.

We’re a month into 2012 and things are looking up for the alternative assets industry compared to 2011. While many articles crossing my desk indicated that albeit 2011 was a disappointing year for many hedge funds, there appears to be a deviation from the year priors trend, as LPs are continuing to look to them as a viable investment, now coupled with the biggest monthly gain in over a year.