NewSpring Capital selects AltaReturn
March 29, 2017, Radnor, PA: AltaReturn, the leading provider of cloud based end-to-end business software solutions for the Private Equity and Alternative Investment industry, is delighted to announce that NewSpring Capital, a family of private equity funds providing growth and expansion capital, has selected AltaReturn for the provision of business software solutions to streamline its fund accounting operations.
About NewSpring Capital: Founded in 1999, NewSpring Capital is a leading provider of private equity capital. The Firm manages over $1.5 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. NewSpring Capital combines deep operating knowledge with financial and investing expertise to provide growing companies the financial resources, advice, network of contacts and strategic partnerships necessary to develop their businesses into market leaders. This philosophy has been a key tenet of NewSpring Capital’s approach and the success of its current and former portfolio companies demonstrates the Firm’s commitment.
To learn more about NewSpring Capital, please visit www.newspringcapital.com.
About AltaReturn: A next-generation technology, AltaReturn provides a comprehensive end-to-end solution designed for the Private Equity and Alternative Investment industry. Created using Microsoft as the platform technology, AltaReturn, has developed a suite of private equity solutions covering Fund and Corporate Accounting, CRM, Business Intelligence and Investor Portal Communication. Deployed on the cloud, these solutions are available as an integrated end-to-end suite or as independently licensed applications.