SunGard's Investran will automate and manage Ridgemont's investment accounting, reporting and partnership structures.
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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