Sauer Unveils Side-Pocket Feature, New U.S. Stock Valuation System

Aug 12 2011 | 9:59am ET

Hedge fund administrator Sauer Capital has introduced a pair of new services for clients, including improved functionality for side-pockets.

Clients employing Sauer's proprietary fund accounting platform will now have access to improved accounting and reporting features for both side pockets and special purpose vehicles, making it easier for hedge fund managers to segregate illiquid investments.

Among the features offered are automatic movement of the proceeds of realized events from side pockets to the main portfolio.

Sauer has also adopted a new valuation system for non-European equities. The recently-launched Fair Value Pricing is the most automated system for valuing such stocks.

"Fair Value Pricing is an important tool for institutions such as mutual funds because it enables them to determine the value of the securities in their portfolios if a significant event occurs after the close of the markets that trade those securities," Willem Oris of Sauer's global markets division said. "This enables us to calculate a more accurate net asset value or unitized value."


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of