Hedge Fund Platform AlphaMetrix Named Chicago’s Fastest Growing Company by Crain’s Chicago Business
CHICAGO--(BUSINESS WIRE)-- AlphaMetrix Group, LLC today announced that it ranks as Chicago’s fastest growing company in the 2011 Crain’s Chicago Business Fast Fifty. The Crain’s Fast Fifty ranks the fastest growing public and private companies in the Chicago metropolitan area over the five-year period ending December 31, 2010. AlphaMetrix earned the ranking with five-year revenue growth of 8,030%.
“It is extremely gratifying to receive recognition as the fastest growing company in Chicago,” said AlphaMetrix founder and CEO Aleks Kins. “We are proud of this accomplishment, however, we feel as if we are just getting started. We are now in the process of developing what we believe is the hedge fund industry’s first point-click-invest technology with the goal of establishing the first secure electronic marketplace for hedge funds.”
Founded in May 2005, AlphaMetrix provides hedge funds and investors with a single destination for a wide range of tools and services for transparency, due diligence, risk monitoring, portfolio tracking and daily valuation.
Chief Operating Officer David Young says in the accompanying story, "We're giving (customers) the most granular level of detail that a (hedge-fund) manager's willing to share, in near-real time."
Regarding the rankings, Crain’s said, “The companies on this year's Fast Fifty list set blazing speed records … increasing revenue, marketshare and staffing even through a brutal downturn and tepid recovery.”
About AlphaMetrix Group, LLC
AlphaMetrix’s mission is to create a secure marketplace where hedge funds and investors can efficiently interact, with a suite of hedge fund platform tools and services for transparency, due diligence, risk monitoring, portfolio tracking and daily valuation. Founded in 2005, the company has over 120 employees with offices in Chicago, New York, Columbus, Ohio, and the Cayman Islands. AlphaMetrix is a member of the 2011 Inc. 500, a list of the fastest growing privately held companies in the U.S.
CONTACT:
AlphaMetrix Group, LLC
Media Contact:
Josh Inglis, 312.267.8457
jinglis@alphametrix.com
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