updated 1/10/2011 8:17:22 AM ET 2011-01-10T13:17:22

NEW YORK, Jan. 10, 2011 (GLOBE NEWSWIRE) -- If you're interested in moving from Sage Act! to Salesforce but the thought of migrating your data is too much to bear, you now have an easy solution.

Navatar Group, a global cloud service provider and leading salesforce.com reseller, today announced free data migration into Navatar Private Equity, a pre-built CRM and Operations solution which runs in salesforce.com's cloud.

Navatar Private Equity is a leading cloud solution to manage fundraising, deal flow, portfolio and capital calls/distributions for a private equity firm, available for a low monthly fee. A demo is available at:

http://sites.force.com/appexchange/listingDetail?listingId=a0N300000016b7MEAQ

In addition to getting data migrated free, private equity firms spend no money on consulting. Navatar Group provides implementation services, unlimited training, maintenance and unlimited support, related to Navatar Private Equity, free of charge.

Navatar Private Equity enables firms to:

  • Manage fund lifecycle
  • Identify potential investors for a fund
  • Track investor commitments
  • Manage commitment transfers
  • Manage co-investments
  • Track side letters and limited partner agreements
  • Identify correspondence for each fund
  • Track deal flow/deals in the pipeline
  • Manage Capital Calls & Distributions
  • Track portfolio company performance
  • Manage Fund of Funds portfolio
  • Stay connected anywhere -- BlackBerry, iPhone, PDA
  • Fully integrate with MS Outlook and MS Exchange

"Navatar Private Equity is already becoming the product of choice." said Ketan Khandkar, Principal, Navatar Group. "We are making the transition to cloud computing painless by removing all services costs."

Navatar Private Equity runs on most editions of salesforce.com's service. There is no other software, hardware, subscription or services needed. All code as well as client data is encrypted and stored on salesforce.com servers. The free data migration offer from Sage Act! includes migration of all data, including notes. Certain restrictions may apply, depending on data volumes or quality.

Live Demo

For a live demo of Navatar Private Equity, contact 212 461 2140 or sales@navatargroup.com

About Navatar Group

Navatar Group ( http://www.navatargroup.com ) is a long time partner and value-added reseller of salesforce.com and a global cloud service provider. One of the first to bring Wall Street experience to Cloud Computing, Navatar Group is a leading provider of Force.com solutions for the financial sector. Navatar's financial cloud solutions for Capital Markets, Asset Management and Banking are used by firms such as Jefferies & Co, Guggenheim Partners and MidOcean Partners. Founded by veterans of Deloitte Consulting, Navatar Group has also enabled several large companies develop, market and support commercial cloud products. Navatar Group is headquartered on Wall Street, New York with offices in Washington DC and New Delhi, India.

The Navatar Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6585

CONTACT: Navatar Group Media Contact:
         Allan Siegert
         asiegert@navatargroup.com
         212 461 2140

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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