Hedge fund VGI Partners selects Hazeltree to modernise treasury infrastructure

Australia-based hedge fund manager, VGI Partners Limited (VGI) has selected Hazeltree’s cash and treasury management solution. 

Hazeltree, a provider of integrated treasury management and portfolio finance solutions for investment managers, further enhances VGI’s treasury processes by reducing its operational costs, improving margins through optimisation of liquidity, reducing its operational risks and supporting its continued growth with improved scaling. 

Hazeltree provides a comprehensive treasury and portfolio finance cloud-based solution to investment managers globally. Enhancing VGI’s cash and treasury function requires the domain expertise, experience, and technology that Hazeltree delivers.

VGI selected Hazeltree to enable centralised aggregation and monitoring of cash balances across a multitude of banks, broker-dealers, and other counterparties; and the execution of cash movements and payments via a fully integrated wire solution, including multi-level authorisations, robust internal controls and detailed audit logs. Additionally, with Hazeltree, VGI’s authorised users can review and approve wire movements from their mobile devices if necessary. 

“VGI continually strives to further strengthen its controls and drive efficiencies surrounding cash movements. With Hazeltree’s integrated solution, we are able to fully support our business requirements as we continue to grow,” says Ian Cameron, VGI’s Chief Financial Officer. “After an extensive search of available vendor solutions, Hazeltree became the obvious choice to help VGI streamline treasury and cash management to further minimize operational risks and increase controls”, said Adam Philippe, VGI’s Chief Operating Officer.

"We are excited to add VGI to our growing client list in the Asia Pacific region," says Sameer Shalaby, President and Chief Executive Officer of Hazeltree. "We look forward to supporting VGI’s treasury requirements as they continue to expand their business."