FactSet News

Declaration Partners Select Cobalt for Portfolio Monitoring

Written by FactSet Insight | Aug 16, 2021 2:45:00 PM

Cobalt, a FactSet Company, a leading portfolio monitoring solutions provider for the private capital industry, today announced that Declaration Partners LP (“Declaration”), a New York-based investment firm, has selected Cobalt as their portfolio monitoring platform. In selecting and implementing Cobalt, Declaration will streamline cash flows and fund analytics.

“As a firm that focuses on making investments into the technology sector, it’s critical that our own portfolio monitoring technology is above the industry standard”, said Rob Jackowitz, Partner and CFO at Declaration, “Cobalt will enable us to centralize data across our portfolio and maintain high levels of confidence in the numbers we use internally to drive decision making and communicate results.”

Cobalt’s Portfolio Monitoring platform is the industry’s first self-service portfolio monitoring solution that combines the sophistication of a business intelligence tool with the approachability of consumer technology software. The platform redefines the portfolio monitoring technology category to meet widespread demand for sophisticated but intuitive data analysis, performance reporting, and data collection tools in the private capital sector.

“Declaration Partners joins a growing number of firms that are looking to achieve new levels of transparency, visibility and accountability in managing their growing portfolios,” said Hank Boggio, Chief Commercial Officer at Cobalt. “We are thrilled to work with Declaration Partners as a client and look forward to helping them expand their business through our platform.”

 

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About Declaration Partners

Declaration Partners is a private investment firm that seeks to be a value-added capital partner and strategic resource to management teams and asset owners where patient, flexible capital provides an advantage. Declaration has over $1 billion in assets under management across its investment strategies, which include growth equity, real estate, platform company investments, fund seeding, and other opportunistic strategies. Anchored by the family office of private equity veteran and philanthropist David M. Rubenstein, Declaration invests on behalf of family offices and like-minded institutional investors. The firm was founded in 2017 and is headquartered in New York with an office in the Washington, DC area. To learn more about Declaration Partners, contact info@declarationpartners.com.