Patron Capital Selects Cobalt for Portfolio Monitoring

New Client Announcement

Cobalt, a FactSet Company and leading portfolio monitoring solutions provider for the private capital industry, announced today that Patron Capital (“Patron”), the pan-European investor focused on property-backed investments, has selected Cobalt to enhance its portfolio company data collection process and streamline performance reporting.

“Cobalt’s flexible reporting and analytics functionality will have a significant impact on our reporting processes,” said Mark Parnell, CFO at Patron. “By gaining operational efficiencies, we can continue to broaden and deliver high-quality information to our investors.”

Cobalt’s Portfolio Monitoring platform is the industry’s first self-service portfolio monitoring solution that combines the sophistication of a business intelligence tool with the approachability of consumer technology software. The platform redefines the portfolio monitoring technology category to meet the widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.

“We’re excited to work with Patron and expand our client base in the UK,” said Hank Boggio, Chief Commercial Officer at Cobalt. “Cobalt’s platform will enable Patron to more efficiently collect data from their growing portfolio and leverage that information in meaningful performance reporting and analytics for key stakeholders.”

About Patron Capital

Patron represents approximately €4.3 billion of capital across several funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets and distressed debt and credit related businesses.

Since it was established in 1999, Patron has undertaken more than 170 transactions across 97 investments and partnerships involving over 65 million square feet (6 million square meters) in 17 countries, with many of these investments realised.

Investors represent a variety of sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the Funds is Patron Capital Advisers LLP, which is based in London, and Patron has other offices across Europe including Barcelona and Luxembourg; the group is comprised of 69 people, including a 42-person team dedicated to acquisitions.

Further information about Patron Capital is available at www.patroncapital.com.

About Cobalt

Cobalt, a FactSet Company, is private capital’s premiere portfolio monitoring solution. We are the industry’s key to collecting, analyzing, and reporting on fund and portfolio company financial metrics. Private equity and venture capital General Partners use Cobalt’s intuitive technology platform to gain critical operational efficiencies, address increasingly complex LP and management demands, and, ultimately, competitively position their firm. Based on clients’ firm size and investment style, Cobalt tailors its suite of solutions to suit their needs. We also place a premium on client service, so our team is available to our clients to identify smart solutions the way they need them. To learn more about Cobalt, visit: https://www.cobalt.pe/.