Cobalt & Alvarez & Marsal Announce Strategic Partnership
Initiative will drive critical efficiencies for the firms’ private capital clients globally
BOSTON, June 23, 2020 — Cobalt Software Inc. (“Cobalt”), the private capital portfolio monitoring solution, and Alvarez & Marsal Valuation Services, LLC (“A&M”), the leading global professional services firm, have announced a new cooperative partnership designed to optimize their platforms for their shared clientele in the alternative asset management industry. The initiative is a critical step to creating internal efficiencies for General Partners looking to meet ever-increasing external and internal demands surrounding their portfolio data and reporting.
The partnership involves close collaboration between Cobalt’s team and A&M’s Alternative Investment Services team to identify clear opportunities for client referrals and project collaborations. The initiative will utilize A&M’s Fund Analytics & Reporting Service, headed by Senior Director Cole Corbin, and Cobalt’s existing database of leading private equity firm clients.
“A&M is a trusted advisor to alternative investment firms, and we are excited to partner with them to deliver even better results for our clients with them moving forward,” said Jason Weinstein, CEO of Cobalt. “The private capital industry’s response to Cobalt’s portfolio monitoring solution is undeniable, and I am confident that our work with the A&M team is an important step to delivering even greater efficiencies to our GP clients.”
“Partnerships like the one we are announcing today with Cobalt are critical to delivering truly optimized solutions to a complex industry that is often bogged down by inefficiencies where there should be speed and accuracy,” said Mark McMahon, Valuation Services Global Practice Leader and Head of Alternative Investment Services at A&M. “We are looking forward to delivering even greater results for our clients, together.”
For more information about the collaboration between Cobalt and A&M, please contact: info@cobaltgp.com.
About Cobalt
Cobalt is private capital’s key to collecting, analyzing, and reporting on fund and portfolio company financial metrics. Private equity and venture capital funds use Cobalt’s intuitive technology platform to gain critical operational efficiencies, address increasingly complex LP and management demands, and, ultimately, competitively position their firm. Cobalt tailors its portfolio monitoring, investor relations, and benchmarking analysis tools according to our clients’ size and investment style to match their needs. We also place a premium on client service: our team is available to our clients to troubleshoot or identify a smart solution the way they need it. To learn more, please visit: https://www.cobalt.pe.
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 4,500 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
To learn more, visit: AlvarezandMarsal.com.
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