September 28, 2005
Netage Solutions Appoints Mark Bimonte as Regional Manager for East Coast operations
With the hedge fund industry growing at a phenomenal pace, the need to manage investor money more effectively is the need of the hour. Investors are demanding more professionalism from their hedge funds. The software industry catering specifically to alternate asset industry also seems to be growing. They help the investment managers from varied fields like hedge funds, private equity, venture capital and funds of funds to manage investor’s money well. Apart from this they are able to improve investor relations and address compliance requirements through these software.
Netage solutions is one such vendor that is focused on providing complete software solution to demanding alternative asset industry including hedge funds. In order to cater to the growing demand for comprehensive software for the hedge funds industry world wide, they have opened offices in several key cities such as Boston, San Francisco, London, Sofia and New York. Even the team is undergoing expansion. They have recently appointed Mark Bimonte as Regional Manager for East Coast operations and head of Netage’s New York office. He will look after the regions need for Netage’s suite of hedge fund software products, InvestorDynamo™.
Mr Bimonte has about six years of experience in selling software for alternative assets. He will be responsible for directing his sales team in promoting flagship enterprise applications, sales coaching, and territory management. The appointment was made public by Stuart Sheppard, VP of Sales for Netage Solutions. Mr Sheppard described Bimonte as a ‘seasoned sales professional’ who has a sound background of selling alternative assets software. It may be noted that Netage Solutions provide global front-office software for the alternative assets industry. Bobsguide.com reports:
“Mark Bimonte brings to Netage six years of sales experience in the alternative assets software industry. Before joining Netage, Mark held several sales management positions at an investment information data provider and leading hedge fund software vendors.”
Read More: Hedge Fund CRM and Compliance Vendor Netage Solutions Appoints East Coast Sales Manager
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