Thursday, 29 January 2015
Last updated 13 min ago
Apr 30 2014 | 2:12pm ET
New York-based Proactive Technologies, a provider of technology and IT services to hedge fund and investment firms, has hung its shingle in Los Angeles.
The firm, which currently serves more than 60 funds representing a variety of asset classes and strategies, has been active in the LA market since 2012. Its clients have assets under management ranging from $50 million to $10 billion.
“We see a lot of opportunity in southern California,” said Proactive President Jacob Cane in a statement. “Los Angeles area funds have typically lacked options when it comes to finding an IT partner with deep industry expertise and a strong local presence. With the launch of our Century City location, LA-based funds will no longer need to compromise.”
Proactive Technologies was founded in 2007.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…