Cogency Software, a provider of software and services for institutional investors, reports that Aurora Investment Management has chosen it for its partnership accounting and portfolio management platform.
Headquartered in Chicago, Aurora Investment Management is a manager of hedge fund portfolios. Since its founding in 1988, Aurora has provided portfolio solutions to institutional and individual clients, including corporate and public pension funds, foundations and endowments, insurance companies, and healthcare organisations. Since 1995, Aurora has provided customised portfolio solutions to clients to help them meet their specific investment objectives.
When it came time to evaluate new software, Cogency emerged as the solution that could best handle the sophisticated accounting and reporting needs of Aurora’s investment operations.
“We wanted a system that could meet our operational needs as our business grows,” said Anne Marie Morley, partner and managing director of operations at Aurora. “Cogency supports the various fee structures, allocation methods, and asset classes we have today or may need in the future. With Cogency, we can focus on expanding our business and not feel constrained by our technology.”
Aurora joins an impressive list of marquee Fund of Funds that use Cogency as the backbone of their operational lifecycle. Cogency’s solution includes portfolio management for portfolios of hedge funds and private equity funds, including partnership and shareholder accounting.