MOSCOW, November 28, 2011 /PRNewswire/ --
- Private equity firm securely communicates with investors to raise second fund
IntraLinks (NYSE: IL), a leading provider of critical information exchange solutions, today announced that IMG Partners LTD (IMG) has selected IntraLinks' cloud-based solutions to securely communicate with its global investor community. IMG, an independent private equity real estate fund manager focused on the Russian market, is using IntraLinks to raise its second fund, Russia Development Fund II.
"In the current fundraising environment, investors have significant demands for timely access to large quantities of due diligence information," said Stephen Terzolo, Investor Relations Manager at IMG. "Previously, IMG used traditional fundraising methods, such as postal mail, e-mail, courier services and on-site visits, to communicate with investors. As the global regulatory environment has evolved, there is now a need for a more secure and auditable conduit through which to share critical information with investors. Given these heightened compliance and regulatory requirements, IMG sought a secure online solution that would both adhere to these policies and facilitate the communication of information to investors. IMG ultimately selected IntraLinks due to its outstanding reputation and because the majority of our potential investors already use the platform."
With IntraLinks, IMG can now deliver secure access and share due diligence documents instantaneously with investors, giving the company the operational ability to execute a successful fundraise. IntraLinks also enables IMG to gain intelligence and accelerate the fundraising process by providing real time reporting to pinpoint the most interested investors and also reduces the risk of violating regulatory mandates by generating an audit trail for each document shared with investors.
"Given the fact that investors are more conservative in the current climate, private equity companies need to demonstrate operational competency and ensure information is readily accessible to help investors make informed decisions," said Derek Flynn, managing director and senior vice president sales for EMEA, IntraLinks. "IMG can now share confidential information quickly and securely, whilst retaining control, enabling them to focus on the fundraising strategy rather than time intensive administrative tasks."
IntraLinks is a leading global provider of Software-as-a-Service solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. More than 1 million professionals in industries including financial services, pharmaceutical, biotechnology, consumer, energy, industrial, legal, insurance, real estate and technology, as well as government agencies, have utilized IntraLinks' easy-to-use, cloud-based solutions. IntraLinks users can accelerate information-intensive business processes and workflows, meet regulatory and risk management requirements and collaborate with customers, partners and counterparties in a secure, auditable and compliant manner. Professionals at more than 800 of the Fortune 1000 companies have used IntraLinks' solutions. For more information, visit http://www.intralinks.com or http://blog.intralinks.com. You can also follow IntraLinks on Twitter at http://twitter.com/intralinks and Facebook at http://www.facebook.com/IntraLinks.
IMG Partners LTD (IMG) is an independent real estate fund manager and private equity investment boutique focused on the Russian and CIS markets. IMG acquires stakes in private real estate companies and in individual development projects, leveraging its investment team’s extensive experience in real estate, private equity and business development to achieve highly attractive risk-adjusted returns. IMG currently manages Russia Development Fund I (RDF I), a private equity real estate fund, through which IMG has focused on investments in the residential and retail sectors in Russia. Through RDF I’s investments, IMG directly or indirectly manages 20 real estate projects, with a total gross building area under management in excess of 1 million sqm.
IMG was the only western-funded group actively investing in Russian real estate in 2009 and 2010, and remains the most active private equity investor in the Russian real estate development market. IMG is currently raising a successor fund, Russia Development Fund II, which will continue to capitalize on the IMG Team's proven ability to execute its successful strategy for investments in Russian real estate development that it has implemented for RDF I and previously.
For more information, please visit http://www.imgcis.com.