Portfolio Software Company Acquires Risk Management Consulting Firm

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Alpha Theory™, the investment industry’s leading Fundamental Portfolio Management Platform, announces the acquisition of risk and portfolio management consulting firm Axtell Consulting Group, LLC.

Charlotte, NC, February 07, 2011 (PressReleasePoint) -- Today, Alpha Theory announces the acquisition of risk management consulting firm Axtell Consulting Group. The acquisition allows Alpha Theory to offer a more comprehensive set of risk and portfolio management consulting services to its clients. Axtell will continue to support its current clients as well as offering Alpha Theory clients a new set of risk management expertise.

“We are very excited by the new opportunities we can provide our clients with the acquisition of Axtell Consulting,” said Cameron Hight, CEO of Alpha Theory. “Our customers are constantly challenged by the daunting task of constructing a portfolio that accurately reflects their fundamental research. At the same time, they must pay heed to the exigent risk factors that are easily overlooked without effective risk management. The combined company provides holistic portfolio management that optimizes position sizing on both fundamental and statistical levels.”

Benjamin Dunn, founder of Axtell Consulting Group, will immediately become Alpha Theory’s Chief Operating Officer and head of the consulting practice. Benn’s extensive experience offers clients a unique perspective into best practices gained from numerous consultations and implemented by some of the world’s premier money managers.

“The combination of Axtell and Alpha Theory creates the ideal foundation for a fundamental investor’s investment process”, said Benjamin Dunn, CEO of Axtell Consulting. “While portfolio and risk management tools have historically been defined by backwards looking measurements, Alpha Theory provides money managers with a truly forward looking risk assessment. This is unique in the investment industry and provides a great platform from which to incorporate risk analysis.”

Alpha Theory will offer new portfolio and risk management consulting services immediately and release new versions of the Alpha Theory software platform that incorporate risk management and reporting in the near future. For more information on the acquisition and our new services, please contact info@alphatheory.com.

About Alpha Theory
Alpha Theory, the investment industry’s leading Fundamental Portfolio Management platform, is the premier solution used by hedge and mutual fund portfolio managers to develop an efficient portfolio using the concept of risk-adjusted return. Alpha Theory leverages research and instinct to build a repeatable system for optimally sizing positions. For further information, please visit www.AlphaTheory.com, blog.AlphaTheory.com or view a demo at www.AlphaTheory.com/demo.

About Axtell Consulting Group
Axtell Consulting provides risk and portfolio management consulting services to multi-strategy alternative investment advisors. Axtell helps clients develop a full suite of portfolio and risk reporting tools, from back-end data integration and warehousing to graphical report delivery. Axtell additionally provides unique investment and risk management insight based on proprietary risk and market models.  Axtell is headed by Benjamin Dunn who has over 10 years experience as a senior risk officer at multi-billion dollar hedge funds. Benjamin served as the Chief Risk Officer for Weiss Multi-Strategy from 1999-2006 overseeing 14 different strategies and multiple asset classes. Most recently Benjamin and Axtell served as independent risk management advisors to CR Intrinsic Investors and select portfolio managers at S.A.C Capital.
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