New system tracks private equity investments valuation, risk and exposure globally
New York, April 1, 2008 JPMorgan today announced the launch of DealVault, a new technology that tracks private equity investments valuations, performance, risk and exposure analysis globally.
JPMorgan Private Equity Fund Services (PEFS) developed DealVault to provide CFOs, deal and investor relations professionals with an advanced platform to centralize volumes of deal tracking information. DealVault integrates with accounting and back office systems, providing private equity investment professionals with one platform to administer every aspect of a private equity investments lifecycle.
DealVault arms private equity investment professionals with new tools to:
As a top-tier private equity firm, we must utilize the most advanced, efficient and strategic technology platforms available, DealVault is all of these things wrapped into one, said Marc Unger, Chief Operating Officer of CCMP Capital.
James Hutter, Global Business Executive of JPMorgan PEFS, said: DealVault is the industrial strength tool the private equity investment industry has been waiting for, particularly given valuation concerns in todays volatile market. The industry now has a dynamic, efficient and fully integrated solution that provides the controls and security that deal professionals and financial executives need.
JPMorgan PEFS provides a full suite of administration services to private equity investment firms, real estate firms and institutional investors. JPMorgan PEFS, which premiered in 2005, was ranked as Top Rated Firm Overall for Private Equity Administration by private equity firms in a recent global industry survey.
JPMorgan PEFS currently services more than 200 funds representing $50 billion in committed capital, and serves the world's largest and most sophisticated institutional investors with $110 billion in aggregate committed capital across thousands of private equity investments. PEFS has more than 160 professionals, with decades of experience, and locations in New York, London, Sydney, San Francisco, Chicago and Dallas.
For more information on JPMorgan Private Equity Fund Services go to www.jpmorgan.com/visit/PEFS
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