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January 18, 2008
Investment
Café Signs Two Leading Funds Signaling Continuing Momentum Into 2008.
Versatility of Leading Financial
Reporting System Leads To Selection
By Aquiline Capital And Gray Ghost Funds.
NEW YORK, January 18, 2008
Demonstrating the
versatility of the application of its financial and information reporting
systems, Investment Café today announced that two leading alternative asset
managers, one managing over a $1 billion of capital and the other under $100
million, have selected the Investment Café Reporting System as their platform
to report detailed information to their investors.
Aquiline Capital
Partners in New York,
a private equity firm headed by the former head of Marsh & McClennan
Companies Inc., manages over $1 billion of capital and invests in financial
services sectors such as property and casualty insurance, specialty finance,
securities, asset management, life insurance and transaction processing. The Gray Ghost Fund in Atlanta is
a $75 million for profit portfolio
of investments aimed at connecting private social investors with microfinance
opportunities worldwide.
Commenting on the
strong start to 2008, Ken Pierce, Managing Director of Investment Café, said,
“We had a very strong year in 2007 as leading asset managers continued to migrate
their financial reporting to our platform, and because it is so adaptable it
serves as a valuable tool to firms as diverse as Aquiline and Gray Ghost. What they have in common, however, is the
desire for greater transparency and devoting less time and expense towards
providing fund related information to their clients.”
Investment Café,
which continues to rapidly gain market share with the addition of prestigious
private equity, hedge fund, venture capital and real estate investment firms,
provides investors with the ability to generate capital accounts and detailed
reporting on their investments much like an online banking system, including
starting and ending balances as well as the underlying transactions supporting
those balances. Investment Café provides
client support services from its locations in New York,
Tampa and Asia
Investment Café’s
clients include an impressive list of firms across the alternative asset
spectrum. Crestview, Monomoy Capital
Partners, Water Street,
and Healthcare Partners are among the firm’s middle market private equity
clients. Larger firms include The Carlyle Group, Clayton Dubilier & Rice,
Blackrock, Ripplewood, and GTCR. Venture capital firms Opus Capital and First Round Capital and real estate funds
Covington Realty, Laramar Group, Colony Capital, and NBS Real Estate Capital
are also clients.
About DMLT
DMLT is an independent company offering a suite
of Web-based financial reporting and fund raising products to the alternative
asset community under the brand name Investment CaféTM. DMLT serves
firms managing over $150 billion in capital commitments with over 20,000
investors in more than 80 countries. DMLT’s flagship product, the Investment
Café Reporting System has been the system of choice because it addresses the unique
needs of the investor, and provides productivity tools that significantly
reduce the burden of fund administration. The product is in use by many of the
world’s largest private equity firms, as well as leading middle market firms in
North America. In addition to providing its
technology to the private equity industry, DMLT also offers its reporting
systems within the alternative investment arena to real estate, venture,
mezzanine, debt, hedge funds, and fund-of-funds. DMLT has offices in
New York, Hong Kong, Florida, and California.
More information about DMLT can be found on the firm's website at
www.investmentcafe.com.
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