Ridgemont Chooses SunGard for Investment Accounting

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Ridgemont Equity Partners, a Charlotte, NC-based firm, has chosen SunGard's Investran for its investment accounting.

Ridgemont Equity Partners, a Charlotte, NC-headquartered private equity firm specializing in middle-market buyout and growth-equity investments with approximately $5 billion in assets under management, has selected SunGard to automate and manage its investment accounting, reporting and partnership structures.

SunGard's Investran will centralize Ridgemont's portfolio and partnership-transaction processing.

Ed Balogh, chief operating officer at Ridgemont, says Investran was chosen on the strength of its reporting and management of the investment lifecycle.

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