PrivateRaise, a service of DealFlow Media, today announced the launch of its new Pipe Portfolio Manager solution. Available exclusively within the PrivateRaise suite of products, this application is the most robust management, reporting and accounting solution designed specifically for participants investing in private investments in public equities (PIPEs).
Based on PrivateRaise's unparalleled experience analyzing and tracking PIPE transactions, the new software incorporates insight and feedback from PIPE investors, fund administrators and agents. This information helped PrivateRaise develop a customizable solution to meet the unique needs of the PIPE marketplace.
"We're very pleased to be launching the PrivateRaise PIPE Portfolio Manager," said David Lee, Director at PrivateRaise. "These highly structured investments can be difficult to monitor using traditional back office systems and Excel spreadsheets. Our solution is built to address the unique demands of PIPE investors and their administrators, and improves productivity, position intelligence, and reporting capabilities."
In addition to over 60 customizable reports, integration with data providers such as Bloomberg, CapitalIQ and Factset, and customizable pricing methodologies, the application features real-time access to complete deal terms. This functionality allows for tracking of adjustments, expirations, registration data, amortization schedules, and provides instant valuations.
"Along with the situational awareness our solution provides," continued Lee, "all information comes from a single integrated system, dramatically streamlining the review and audit processes. For active participants in the PIPE market, this new software will become an essential part of their businesses."