What type of firms use Backstop?
Backstop is currently used by more than 40 single-manager hedge funds, ranging from small start-ups to firms with more than $17bn in assets, who employ a wide range of investment strategies. The software has been successfully deployed during high-profile new fund launches, smaller fund launches, and at established firms of all sizes. Additionally, more than 40 fund of funds managers and other organizations utilize Backstop PM.
