Trend Capital, a Greenwich Connecticut based global macro hedge fund, has deployed Navatar Hedge Fund Cloud to manage its fundraising and investor relations.

Navatar Hedge Fund Cloud helps manage operational functions, including investor subscriptions and redemptions, fund offering and returns, security holdings and trades, fund exposure and risk.

It runs entirely in salesforce.com's cloud and can be fully operational for a low monthly fee.

"We are very excited that Trend Capital chose to run their hedge fund business on the Navatar cloud service," says Ketan Khandkar, principal, Navatar Group. "Financial firms around the world are choosing Navatar cloud service so they don't have to hire IT staff or consultants or invest in hardware/software."