Cogency Software Opens New York City Office and Expands Sales Force

BURLINGAME, CA—SEPTEMBER 21, 2005—Cogency Software, Inc., the provider of integrated management solutions for the alternative investment space, today announced the opening of its new sales and marketing center in New York City and the expansion of its sales force to address the increase in demand for its products.
Located in Midtown Manhattan, Cogency Software’s new office is well situated to service the New York City and Connecticut hedge fund communities. The newly appointed sales executives are based in the new facility, along with delivery teams working on local projects.
“We’ve been thrilled to see the demand that was generated by the recent launch of Cogency Insight Manager for Funds of Hedge Funds™ in addition to our hedge fund products, and the resulting need to open a complete sales and marketing center in New York,” said Avanish Sahai, CEO, Cogency Software. “In addition, this office will allow us to better serve our tri-state clients, now numbering more than 20 and including some of the country’s largest hedge funds.”
Cogency recently announced the release of Cogency Insight Manager for Funds of Hedge Funds, the industry’s first suite of products for the fund-of-hedge-fund space. The suite of products includes portfolio management, transparency and position-level monitoring, and complete investor relations management.

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