With two billion dollars plus deals over the past week for private equity firms, Portfolio.com reports that these purchases signal a welcome sign for private equity firms who now seem to be getting back into the business of buying companies. With new buyouts comes new capital raise initiatives for the private equity firms, and this daunting process is now simplified with FIPPEX, a customizable, web-based investor communication software.
“Investment firms are constantly throwing countless dollars and man hours into mailing extensive presentations only to wonder if they have been read, but we simplify the whole process so that presentations can be uploaded online and sent to potential investors online. Firms can then monitor and track when and who read the capital raise presentations,” says David Pessis, co-principal of FIPPEX.
FIPPEX estimates that capital raising costs approximately $30 per report per investor, but more than the printing costs of reports is the extensive time commitment. The process of sending Confidentiality Agreements, then Accredited Investor Questionnaires, and then finally sharing the opportunity, can take weeks. FIPPEX allows for the exchange of, and the signing of, online documentation real-time to shorten the process to a matter of minutes.
About Fippex:
FIPPEX is a secure web-based platform that allows firms to share information with investors with just the click of a mouse. FIPPEX streamlines capital raising and investor reporting processes, all while facilitating legal compliance. With FIPPEX, clients are able to simplify life so the focus can be placed on managing relationships, raising capital and creating returns. For more information or to see of a demo of how Fippex works, please visit Fippex.com.