PALO ALTO, Calif. and NEW YORK, April 05, 2018 (GLOBE NEWSWIRE) -- Intapp, a leading provider of business applications and services for professional services firms, today announced that Angelo, Gordon & Co., a $28 billion alternative investment firm, has selected Intapp Terms to track and manage side letters, limited partnership agreements (LPAs) and other investor contracts.
Angelo, Gordon’s investor relations and compliance teams will use AI-assisted technology from Intapp to categorize the terms specified in each LPA and side letter as new clients are on-boarded, and then employ Intapp Terms to search and check individual investor requirements, and efficiently ensure compliance with those requirements.
The Intapp Professional Services Platform will also automate alerts to relevant employees or departments when information needs to be disclosed to investors, or when any other obligations are triggered over time.
“We take our obligations to our investors very seriously. Intapp Terms will help us to manage investor agreements more efficiently and provide our front- and back-office teams with ready access to key investor terms across all client accounts,” said Adam Freedman, Chief Compliance Officer, Angelo, Gordon & Co.
“Side letters are an important way for institutional investors to comply with their internal requirements, as well as their commitments to their own clients and stakeholders. Over time, managing a large number of these side letters can present challenges for fund managers, and require many hours of support from legal counsel and staff in reviewing individual documents to ensure that the funds are in compliance with investor requirements,” said Michelle Inferri-Tauss, Managing Director, Intapp. “By using Intapp Terms to centralize and automate key aspects of this process, Angelo, Gordon & Co. will help its teams to work more efficiently and enhance client service.”
Further information about Intapp Terms is available at www.intapp.com/terms
ABOUT ANGELO, GORDON & CO.
Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $28 billion with a primary focus on credit and real estate strategies. Angelo, Gordon has over 450 employees, including nearly 170 investment professionals, and is headquartered in New York, with associated offices elsewhere in the U.S., Europe and Asia. For more information, visit www.angelogordon.com.
ABOUT INTAPP
Intapp provides software and services that enable professional services firms to thrive in an increasingly competitive marketplace enhancing their ability to win more business, operate efficiently, manage risk, and drive client success. Over 700 customers globally, including 96 of the Global 100 Law Firms, 5 of the top 8 Global Accounting Firms, and 5 of the top 10 Global Economic Consulting Firms rely on us. We offer a Professional Services Platform - purpose built for this industry - spanning the entire Client Lifecycle with solutions for Client Development, Business Acceptance and Client Delivery. For more information, visit www.intapp.com.