High Street Capital, a Chicago-based private equity firm, has selected Navatar Private Equity Cloud to manage its fundraising, deal flow, portfolio and capital calls/distributions.
Navatar Private Equity runs in salesforce.com’s cloud. Its flexible reporting engine can be used by non-technical staff to generate reports.
Navatar Group provides all implementation services, accounts/contacts migration, training, maintenance and support free of charge.
Navatar Private Equity enables firms to: manage fund lifecycle, identify potential investors for a fund, track investor commitments, manage commitment transfers, manage co-investments, track side letters and limited partner agreements, identify correspondence for each fund, and manage capital calls and distributions.
"Cloud Computing has arrived for private equity. Firms can now start using a pre-built solution for their CRM and operations for one small monthly fee – no capital expenditure, no implementation costs, free upgrades and zero maintenance costs," says Ketan Khandkar, principal, Navatar Group.
