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Posted: 3:24 p.m. Friday, Nov. 16, 2012

Atlanta investment firm expands

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By Staff Staff

An Atlanta-based investment firm is expanding.

eVestment announced this week it has acquired PerTrac, a company which provides hedge fund software and cloud-based analytics.

The acquisition means eVestment almost doubles in size, going from 135 staffers to more than 250. Company officials say they expect the Atlanta office to grow by as much as a third.

The combined company now has more than 2,500 clients and annual revenue around $60 million.

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