Monarch to roll-out SunGard's VPM

Monarch Alternative Capital, a New York-based investment firm that runs distressed debt hedge funds with assets under management of approximately $3 billion, has selected SunGard's Visual Portfolio Manager (VPM) as its alternative investment portfolio accounting platform. According to SunGard, Monarch chose VPM primarily for its broad capabilities in handling sophisticated investment products such as bank debt, credit default swaps, and various other fixed-income securities.

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