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

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.