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HarbourVest Partners Invests In Performance Analytics And Reporting Solutions Developer

HarbourVest Partners Invests In Performance Analytics And Reporting Solutions Developer

June 20, 2017 – Investment Metrics, a leading provider of performance measurement, investment analytics, risk attribution, market intelligence and reporting software to the investment management industry, announced today that it has received a significant equity investment from Resurgens Technology Partners and HarbourVest Partners. The new partnership will enable Investment Metrics to make continued investments in its existing solutions and to support its growth and market expansion globally.

Investment Metrics provides a full suite of performance analytics and reporting solutions to institutional consultants, plan sponsors, asset managers and private wealth advisors. Built by institutional investment consultants, the company’s products are utilized by industry leaders across the investment management industry. In aggregate, the Investment Metrics platform enables performance analytics and client reporting across $7 trillion of assets under advisement for over 2,500 institutional plans.

“Investment Metrics was looking for strategic investors with the experience, resources and network to help scale our business as we support some of the largest financial services organizations in the world,”said Sanjoy Chatterjee, Investment Metrics’ Chief Executive Officer. “Resurgens’ operational expertise and proven track record in building vertical software companies, combined with HarbourVest’s global platform, relationships and reach, is the ideal partnership for Investment Metrics customers and employees. ”

“We are excited to welcome Investment Metrics to the Resurgens family. The team has done an outstanding job of building a great company with a world-class customer base. We and HarbourVest look forward to partnering with Investment Metrics as they embark on an exciting phase of product, customer and global market expansion,”said John Baumstark and Fred Sturgis, Co-Founders and Managing Directors at Resurgens Technology Partners.

Marlin & Associates served as exclusive and strategic financial advisor to Investment Metrics in connection with this transaction.