Philadelphia, PA (January 24, 2011) — Realty Capital Partners, headquartered in Dallas Texas, has gone live with Sonar™ from DDC. Sonar is a web-based software suite that provides investment administration, fund monitoring, and communication services for alternative investment companies.
Realty Capital Partners needed a tool that would provide investors with 24-7 access to their investment-related information and documents. “We were looking for an internet-based tool that we could use to communicate investment information more efficiently to our investors,” said Richard Myers, CEO of Realty Capital Partners. “In addition to being web-based, Sonar was attractive because it offered us some ability to customize our portal to meet the needs of our growing company. In 2010, the system helped us distribute over 9,000 tax documents to our investors in a more timely manner than in past years.”
Through Sonar, investment firms can upload investor-related documents. Notifications of these materials are then sent to the appropriate recipients via email. Limited partners can see a summary of their investments, as well as assorted investment materials such as K1s, project updates, and newsletters, through a personalized web-based log-in.
“Sonar is designed to organize, manage, and communicate investment information in a flexible and intuitive environment,” added Farid Naib, Founder and CEO of DDC, “What's more, the added professionalism, security, and transparency that Sonar provides for alternative investment companies is an effective marketing tool for attracting new LPs and raising additional funds.” For more information about Sonar, contact DDC at 800.872.9394 or visit the website at www.docdep.com.