April 20, 2016
April, 2016, Cork, Ireland: AltaReturn, a leading provider of cloud based end-to-end business software solutions for the Private Equity and Alternative Investment industry, is delighted to announce that SOSV has selected AltaReturn for the provision of business software solutions. SOSV has selected AltaReturn’s platform to streamline its fund accounting and investor relations using the Fund Accounting, CRM & Business Intelligence Solutions as well as the Investor Web Portal.
About SOSV: SOSV began supplying startups with rocket fuel 20 years ago. We are now a global fund with $250M assets under management and a staff of nearly 50 operating world-renowned accelerators in the areas of hardware, software, biology, food, robotics, medical devices, transportation, green energy, and beyond. We have over 400 companies in our portfolio, and we’ll graduate over 150 startups from our accelerator programs in 2016.
SOSV has funded over 400 startups. We currently fund over 150 startups per year through our accelerator programs focused on a few key areas: HAX (hardware and connected devices), IndieBio (synthetic biology), Chinaccelerator (software) and Food-X (food business). Our net IRR over the last 20 years puts us in the top 5{0d7cef108ed7628eae219fff50b2398ea1ecfeec5557d542f8ad6b133bc02e1f} of all venture funds worldwide.
About AltaReturn: A next-generation technology, AltaReturn provides a comprehensive end-to-end solution designed for the Private Equity and Alternative Investment industry. Created using Microsoft as the platform technology, AltaReturn, has developed a suite of private equity solutions covering Fund and Corporate Accounting, CRM, Business Intelligence and Investor Portal Communication. Deployed on the cloud, these solutions are available as an integrated end-to-end suite or as independently licensed applications.
AltaReturn’s client list includes Private Equity, Venture Capital, Family Office, Fund Administration, LP & Fund of Funds & Real Estate Funds with assets ranging from $100 million to $35 billion.
