Backstop Solutions Group, LLC (BSG) announced today that MAXAM Capital Management LLC, a diversified investment firm founded by hedge fund luminary Sandra Manzke, has chosen Backstop Investment Partnership Management software (Backstop IPM) to manage MAXAMs portfolio management, manager due diligence and research, client relationship management and reporting processes.

MAXAM needed a system from which all employees and independent members of the MAXAM Consortium could easily access, analyze, and share critical business intelligence, from anywhere in the world. At the same time the firm was seeking to achieve cost reduction, improve service quality and leverage advanced technologies to gain a competitive advantage. By bringing together specialized tools, business infrastructure and ongoing support into one bundled package, Backstop IPM offers MAXAM a flexible alternative to expensive internal development initiatives, and enables the firm to enhance the aggregation, analysis and delivery of data across the entire organization.

"With the growing number of new funds created every day, manager research is becoming more complex," said Sandra Manzke, CEO of MAXAM Capital Management. "After reviewing several options we chose Backstop IPM, it simply offers the most cost-effective, easy to deploy and rapidly scalable solution for collaborative research and information management."

Sandra Manzke is a recognized pioneer in hedge fund consulting to high-net worth and institutional investors, and in the creation of diversified funds of funds through the identification of talented investment advisors. Ms. Manzke founded Tremont Capital Management Inc., where she served as co-CEO, and was instrumental in Tremonts becoming the first major consulting firm to focus on hedge fund managers.

We are very pleased to have been selected by MAXAM Capital Management, said Jeremie Bacon, CEO of Backstop Solutions Group. Our Backstop IPM solution is a perfect fit for diversified firms like MAXAM that are seeking to enhance the performance and reliability of their due diligence processes in order to make more informed and knowledgeable decisions in portfolio construction. Backstop IPM helps enhance operational efficiency, and enables firms of all sizes to focus more on core business and portfolio strategies, and less on technology.