Press Releases

Simplify Announces General Availability of PortfolioCentriX Form PF Reporting Solution

Mar 28, 2012

New York City – March 28, 2012 – Simplify LLC, a global provider of investment and risk software, today announced it has released Form PF data collection and reporting capability within its flagship solution PortfolioCentriX™. PortfolioCentriX’s Form PF solution can be used by institutional investors on a stand-alone basis, by allocators and funds that use third party administrators or an in-house process.

Tarryn Valle, Senior Vice President notes, "Our solution merges Form PF exposure detail with our already best‐in‐class portfolio management, due diligence and risk analytics, presenting clients with the most complete profile for review across all their private fund holdings.” Ms. Valle adds: “Simplify personnel can also assist in the process by collecting and enriching the data in PortfolioCentriX™ thus saving significant time and effort for our institutional clients."

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Software Provider Offers Pro-Bono Portfolio Management, Risk & Due Diligence System to Tax-Exempts

Mar 7, 2012

New York City – March 07, 2012 – Concerned that public pensions, university endowments, hospitals, museums, school boards and other non-profits and tax-exempt organizations are at the mercy of third party advisors when it comes to managing their alternative portfolios, Simplify LLC today announced that it will offer its flagship portfolio management and risk system PortfolioCentriX™ (“PCX”) pro-bono to the tax-exempt sector.

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Cloud Solution for Instituional Investors in Alternative Funds Launches

Mar 2, 2011

New York City – March 23, 2011 – Simplify LLC today announced its launch as the asset management industry’s first true, month to month financial services technology solution. Both PortfolioCentriX™ and TKS Solutions- Penny ItWorks ™ , solutions are now being delivered to customers as on-demand "cloud-based" solutions by Simplify LLC (Simplify). Simplify’s Platform as a Service (PaaS) for alternative fund investors, provides funds of funds, family offices, pensions & endowments and wealth managers with robust capabilities for shareholder management, tax, private equity management, fund of funds portfolio management, performance and attribution risk reporting and due diligence processing.

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Firm Offers Alternative Investment Solution to Tax-Exempts

Mar 17, 2012


March 16, 2012 (PLANSPONSOR.com) - Simplify LLC will offer its flagship portfolio management and risk system PortfolioCentriX (PCX) pro-bono to the tax-exempt sector.

The firm says it is concerned that public pensions, university endowments, hospitals, museums, school boards and other non-profits and tax-exempt organizations are at the mercy of third party advisers when it comes to managing their alternative portfolios.

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Institutions Urged To Conduct Their Own Hedge Fund Due Diligence

Mar 9, 2012


March 7, 2012 - NEW YORK (Dow Jones) Institutional investors are under pressure to conduct their own due diligence, in addition to weighing advice from investment consultants, when moving assets into hedge funds.

Read what Brian Shapiro of Simplify and PortfolioCentriX client John Levitt of Clearbrook Global Advisors have to say.

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Web Product 'Simplifies' Job for LPs

Mar 7, 2012

March, 7 2012 - Technology boutique Simplify is offering a web-based service designed to automate all aspect of screening, selecting and tracking hedge funds. Originally developed for fund administrator DPM/Mellon, PortfolioCentriX™ is now being offered pro-bono to all Tax-Exempt institutional investors.

 

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Goldman’s Settlement With ‘Mini Madoff’ Receiver Approved

Feb 12, 2012

February 14, 2012- New York (DOW JONES) After 3 years, a man-hunt, a trial and conviction resulting in a 15 year sentence Arthur "Mini-Madoff" Nadell's investors get some restitution.

Aided by the work of Brian Shapiro, that identified the potential fraud as early as 2003 and helped make the case for the Department of Justice against the bogus fund manager, investors will receive at least $9.8 via settlement with Goldman Sachs, albeit far from the $168M they lost.

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PortfolioCentrix client Moonraker Commodities Funds wins prestigeous award.

Jan 2, 2010

London - January 2010 - Simplify is delighted to advise that one of clients Moonraker Commodities Fund (US dollar class) has won ‘Best performing energy/commodity Fund of Hedge Fund’ at Hedge Funds Review’s Eighth European Fund of Hedge Funds awards. In winning the award the fund was ranked against its peers by its annualized return and relative volatility, for the relevant period.   The fund, launched in June 2008, has delivered outstanding performance having returned 22.80% since its inception up to 30 September 2009. Its Benchmark, the DJ-UBS Commodity index, returned -39.82% over the same period.

Moonraker received this prestigious accolade at a gala event held at the Grosvenor House Hotel in London. Jeremy Charlesworth, Moonraker portfolio manager, commented: "We are delighted to have won this prestigious award, which demonstrates our committed efforts to delivering out-performance to our investors. Financial events over the last two years’ have highlighted the need for careful fund selection, and this award is a testament to our investment process, risk management techniques and the close relationship we have with our underlying fund managers.”

To find out more about Moonraker Fund Managment Ltd. (Commodities and Global Opportunities), call or email Lynn Nathan at +44 (0) 207 487 9780 or lynn.nathan@moonrakerfunds.com

 

AIMA Releases Updated Sound Practices for Fund of Funds Managers

May 2, 2009

The Alternative Investment Management Association (AIMA) has published an updated global Guide to Sound Practices for Funds of Hedge Funds Managers.

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Red Flags Raised Early on Arrested Fund Manager

Jan 28, 2009

A study six years ago conducted by Brian Shapiro raised numerous red flags about the hedge fund shop run by the Florida money manager Arthur G. Nadel. The report has become the centerpiece of the Department of Justices investigation.

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2003 Report Raised Red Flags About Nadel

Jan 27, 2009

A study six years ago found evidence of inadequate internal controls and compliance procedures at the hedge fund shop run by Arthur G. Nadel

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Anchin, Block, Anchin Adopts TKS Penny for Investor Partnership Accounting

Dec 8, 2008

REUTERS

Anchin, Block, Anchin Adopts TKS Penny for Investor Partnership Accounting
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