Legion Partners, a California-based, long-term-oriented activist hedge fund manager, has elected ClearStructure Financial Technology's portfolio management solution Sentry PM.

The implementation of Sentry PM will automate Legion Partner's front, middle, and back office operations. Sentry PM's use of a GIPS (Global Investment Performance Standards) methodology in the performance module will improve Legion's efficiency in comparing its fund performance to its benchmarks.
 
In addition, Sentry PM offers Legion the flexibility to scale as the firm continues to grow.
 
"We are excited to partner with ClearStructure in the implementation of Sentry PM for our business. Sentry PM provides custom reporting and performance tools that will assist us on an ongoing basis. Additionally, the hosted solution lets our entire team access information from anywhere," says David Katz (pictured), chief operating officer of Legion Partners.
 
Scott Turley, CEO of ClearStructure, says: “Sentry PM continues to expand its footprint into the hedge fund space. Legion Partners is a rising firm that we are looking forward to collaborating with. In addition to growing our relationships on the west coast, we are pleased that an increasing number of our clients have recognised the value of replacing incompatible systems with Sentry PM."