Hedge Fund Focus

The partnership between a leading hedge fund administrator and a leading provider of risk management and corporate governance services enables hedge fund clients to better represent their fund’s risk.  RiskMetrics allows LaCrosse clients access to their applications at no charge.

The full text of the press release is reprinted below, and can also be found here.

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LaCrosse Global Fund Services Partners with RiskMetrics Group to Enhance Investor Risk Reporting: Hedge Funds Now Have a Trusted Data Provider for Risk Reporting

NEW YORK, Feb 11, 2010 (BUSINESS WIRE) — LaCrosse Global Fund Services, a leading hedge fund administrator, today announced it is partnering with RiskMetrics Group, a leading provider of risk management and corporate governance services to the global financial community, to offer LaCrosse’s hedge fund clients access to RiskMetrics’ HedgePlatform Community. LaCrosse’s clients can now access at no cost RiskMetrics’ RiskManager(TM) Investor Reporting Application, allowing them to create custom monthly risk reports for their investors.

“The addition of RiskMetrics’ new tools furthers our ability to create an accurate representation of a hedge fund’s risk, including understanding and verifying representation of risk, communicating risk to investors, and staying current on the latest risk methodology,” said Mike Carpenter, managing director and head of Global Product Management for LaCrosse.

RiskMetrics’ HedgePlatform Community allows hedge funds and funds of hedge funds to provide holding-based risk transparency to investors without disclosing holding level details beyond RiskMetrics. In a secure environment, hedge funds have control over the level of granularity and statistics they wish to report to investors. Additionally, all risk results generated can be incorporated into the LaCrosseLink+ client workstation.

“Flexibility in reporting is key at a time when investors are demanding risk transparency,” said Brian Schmid, head of RiskMetrics Group’s Alternative Investments Business Strategy. “This partnership adds a critical component to the high quality suite of services that we provide to the alternative investment industry.”

To learn more about RiskMetric’s HedgePlatform community, visit: www.riskmetrics.com/hedgeplatform.

About LaCrosse Global Fund Services

LaCrosse Global Fund Services is a provider of operations, middle-office and administration services to managers of complex hedge funds globally. The firm operates in nine global office locations: Bogota, Buenos Aires, Caracas, Istanbul, London, Minneapolis, Moscow, New York, and Singapore. LaCrosse provides support for a wide range of strategies traded by global portfolio managers covering fixed income, distressed debt, structured credit, foreign exchange, equities, commodities and a full range of related derivatives. For more information, visit: www.lacrosseglobal.com.

About RiskMetrics Group

RiskMetrics Group (RISK 18.91, +0.04, +0.21%) is a leading provider of risk management and corporate governance products and services to financial market participants. By bringing transparency, expertise and access to the financial markets, RiskMetrics Group helps investors better understand and manage the risks inherent in their financial portfolios. Our solutions address a broad spectrum of risk across our clients’ financial assets. Headquartered in New York with 20 global offices, RiskMetrics Group serves some of the most prestigious institutions and corporations worldwide. For more information, please visit: www.riskmetrics.com.

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