PerTrac Premieres Two New Hedgefund.net Databases

Date: Thursday, February 1, 2007
Author: HFN Daily Report

Featuring Expansive Data on Hedge Funds in Asia and Europe

New YorkPerTrac Financial Solutions, creators of the PerTrac Suite of Investment Management Solutions, a unified front-and-middle office platform for investment analytics and workflow management, today announced the addition of two new HedgeFund.net (HFN) databases for use with its PerTrac Analytical Platform application. Gerry Mintz, president and CEO, said, "PerTrac now offers access to HFN Asia and HFN Europe, providing extensive and timely information on hedge funds operating in those regions."

"The more than 1,700 clients who use the PerTrac Analytical Platform can now choose to use databases from HedgeFund.net focusing on hedge funds in two vital and growing areas, Asia and Europe," said Mintz. "HedgeFund.net is a premier source of global hedge fund data. We are excited to add their two new databases to our platform, and bring the total number of investment databases for use with the PerTrac Analytical Platform to more than fifty. New features in the latest version of the PerTrac Analytical Platform make it even easier to use data from multiple sources. Adding a focused database like HFN Asia or HFN Europe to your existing investment database is a simple and cost-effective way to increase coverage of these all-important markets."

The new databases have been designed to fulfill the needs of the growing number of institutional clients throughout Europe and Asia that are adopting HFN as their primary data source. The Asia and Europe databases provide weekly updates of monthly return data.

"HFN is pleased to introduce these two new products to PerTrac's clients," said Don Cacciapaglia, CEO of HedgeFund.net. "The proliferation of hedge funds in Asia and Europe is only exceeded by investor demand for information, and the HFN Asia and Europe databases are the answer to industry watchers' need for high quality information on active funds in the region that is both current and consistent."

About PerTrac

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. Now an industry standard, PerTrac is used by more than 1,700 clients in 45 countries, including banks, brokerage firms, consultants, plan sponsors, family offices, investment managers and funds of funds. PerTrac CMS, which was part of its January 2006 acquisition of Whittaker Garnier, 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 250 alternative investment firms around the world. PerTrac Financial Solutions is headquartered in New York with offices in London, Hong Kong, Reno, Memphis and Tokyo. For additional information on the full suite of PerTrac products, please visit www.pertrac.com.

About HedgeFund.net

HedgeFund.net, owned by Channel Capital Group Inc., is a leading source for hedge fund news and performance data on the Web. Investors who meet HedgeFund.net's accreditation standards are eligible for access to the site's database of information on more than 7,000 active hedge funds, funds-of-funds and commodity products. HedgeFund.net is used by thousands of accredited investors to keep abreast of industry news, monitor existing hedge fund investments, and review fund information in anticipation of making allocations to the asset class.

HedgeFund.net was founded in 1997, and it remains dedicated to providing accredited investors with free access to news and information about hedge funds. Investors who desire unrestricted access to the site's proprietary database of funds may also opt for premium-level access.

PerTrac PR Contact:
Meg Bode, President, Bode & Associates, Inc.
1-516-869-6610 , February 1, 2007,