Leading Fund Administrator to incorporate Cobalt’s portfolio monitoring solution to Private Equity and Real Estate Firms
Cobalt Software, Inc. (“Cobalt”), a leading provider of portfolio monitoring for the private capital industry, and FD Fund Administration, a leading private equity fund administrator, jointly announced today a strategic relationship to help private equity and real estate firms modernize their ability to collect, analyze, and report on fund and portfolio company performance data and KPIs.
“Cobalt’s solutions will allow our clients to gain critical operational efficiencies and address increasingly complex LP and management demands,” said Tom DiEgidio, Partner of FD Fund Administration.
“Cobalt provides a best-in-class portfolio monitoring solution to private capital firms. As a leading fund administration provider, we have taken a “platform independent” approach to identifying and deploying world-class technology solutions for the benefit of our clients,” noted Robert Woosley, National Practice Leader for FD Fund Administration.
Cobalt’s portfolio monitoring platform allows private capital firms to efficiently collect, analyze, and report on fund and portfolio company performance data and KPIs. Fund managers use Cobalt’s platform to gain operational efficiencies, address investor and management reporting demands, and understand what drives performance on their funds.
“FD Fund Administration is a recognized leader in providing mission-critical fund administration services to private equity and venture capital firms. Their history of bringing innovative technology solutions to their clients, along with the connection with a nationally-ranked CPA firm, further represents a powerful combination to support fund managers,” said Hank Boggio, Chief Commercial Office of Cobalt. “FD Fund Administration and Cobalt share the same goal: delivering clear value for private capital GPs with market-leading technology and services. I look forward to seeing all we can deliver for our clients, together.”
Cobalt is private capital’s key to collecting, analyzing, and reporting on fund and portfolio company financial metrics. Private equity and venture capital funds use our intuitive portfolio monitoring platform to gain critical operational efficiencies, address increasingly complex LP and management demands, and, ultimately, competitively position their firm. Based on our clients’ firm size and investment style, we tailor our suite of solutions to match our clients’ portfolio monitoring, cash flow analytics, and benchmarking analysis needs. We also place a premium on client service, so our team is available to our clients to grow smart solutions the way they need. For more information, please visit www.cobalt.pe.
About FD Fund Administration
FD Fund Administration provides highly customizable fund administration services to meet the needs of complex real estate and private equity funds. FD-FA offers a robust suite of services, including fund accounting, investment reporting, tax administration, valuation services, investor servicing, company reporting and portfolio analytics and other services. FD-FA is headquartered in Philadelphia, Pennsylvania. FD-FA is affiliated with Frazier & Deeter, an award-winning Top 50 accounting and advisory firm. For more information, visit https://www.fd-fa.com/.
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