Investment fund accounting for partners and shareholders is definitely NOT something you want to do with a spreadsheet (or with an after-thought adjunct to a trading system).
As a specialized partnership and shareholder fund accounting solution, the Penny® system handles fees, G/L, A/P, and taxes – and manages the complexities of tranches, waterfalls, hurdles, layering, side-pockets, share equalization, clawbacks, feeders, commitments and withdrawals.
The system plugs seamlessly into your infrastructure, and has been carefully crafted for ease-of-use and painless implementation.
Penny® is designed and developed by TKS Solutions. TKS was founded in 2007, and is a registered Microsoft Partner.
A seasoned executive with public and private arena experience, Art has successfully led both B2B and B2C organizations.
Previously he was CEO of OPUS-ISM, a software systems provider, and President or COO of Walker Digital/Priceline ventures. He drives near-term and sustained growth, and attended Northwestern’s
Ron leads the company’s technology operations. He has twenty years experience in financial services technology and accounting.
Previously, he served as CFO of the Tiedemann Investment Group and headed software development at SAC Capital and HedgeWare. He is a CPA and holds a B.S. in accounting from Lehigh University.
Gene started in Price Waterhouse’s tax practice, and has over 25 years of experience working with hedge funds and alternative investments.
He headed business development for HedgeWare / SS&C, and worked with VPM and Morgan Stanley Fund Services. Gene holds a BBA in Accounting and a BA in English from the University of Notre Dame.
Sue is a CPA with over 20 years of experience in hedge funds, private equity and partnership taxation. She previously managed accounting services at HedgeWare.
An expert in the nuances of partner and shareholder investment funds, Sue has a BS in Business Management, Marketing and Accounting from Cornell University.
Chris has 15 years of experience in financial accounting technology, system design and technology management.
He managed development at SS&C Technologies and led development at Morgan Stanley Fund Services. Chris has a BS in Computer Science from Manhattan College and an MBA from NYU’s Stern School of Business.
Mike has 20 years of experience in financial services, with a focus on fund operations in the alternative space.
Previously, Mike was a key man on a number of engagements for Beacon Consulting Group, a leading financial services consulting firm. He holds a BA in Economics from St. Michael’s College and an MBA from Boston College.