Investment Metrics, a Darien, CT–based provider of performance measurement, investment analytics, risk attribution, market intelligence and reporting software to the investment management industry, received a significant equity investment from Resurgens Technology Partners and HarbourVest Partners.
The amount of the deal was not disclosed.
The company will use the funds to make continued investments in its existing solutions and to support its growth and market expansion globally.
Led by Sanjoy Chatterjee, Chief Executive Officer, 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 and services are utilized by industry leaders across asset allocators and asset managers such as Aon Hewitt, Graystone Consulting/Morgan Stanley, RVK, Segal Marco Advisors, Wells Fargo, T. Rowe Price and J O Hambro Capital Management.
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.