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INVESTMENT MANAGEMENT NEWSFLASHES

SAGEN Asset Management Selects Imagineer FundInsight for Due Diligence Platform; New Frontier Advisors Upgrades NFA Desktop Suite

SAGEN Asset Management Selects Imagineer FundInsight for Due Diligence Platform

SAGEN Asset Management has selected Imagineer FundInsight as a platform to manage its hedge fund due diligence. Imagineer FundInsight is a Web-based application that centralizes due diligence information in one repository. It's aimed at helping funds of funds, family offices, endowments and consultants access, view and analyze information such as fund balances, positions and transactions on invested funds.

"We have multiple offices and track an increasing number of hedge funds as part of our initial and ongoing due diligence process," said Carol Calhoun, chief operating officer at SAGEN, in the press release. "The fact that the system is a Web-based way to centralize all of our qualitative and quantitative information was a key factor in our decision." FundInsight is a product of Imagineer Technology Group, a New York-based software provider specializing in the alternative investment community.

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