Realty Capital Partners, headquartered in Dallas Texas, has gone live with Sonar from DDC, 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,” says Richard Myers, CEO of Realty Capital Partners. “In addition to being web-based, Sonar was attractive because it offered us some ability to customise 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 personalised web-based log-in.

“Sonar is designed to organize, manage, and communicate investment information in a flexible and intuitive environment,” adds 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.”