The customer
The New York based $1.5bn hedge fund operates a portfolio-manager-driven investment platform.
The challenge
As the platform scaled, the absence of daily PM economics created a gap between how the business was managed daily and how performance was measured and governed by finance with no daily visibility into firm-wide net performance across PMs.
The approach
The firm selected HUB Desk Economics, a SaaS solution that automates and calculates PM-level economics and compensation reporting daily.
The outcome
Automated PM-level net P&L calculations incorporating trading, financing, expenses, soft dollars, fee allocations, and deal mechanics, standardizing daily accruals and month-end closes with auditable logic for all stakeholders.