Modernizing Business Spend Operations for Alternative Investment Managers

Modernizing Business Spend Operations for Alternative Investment Managers AI and ML-driven automation is the new source of alpha generation in an era of shrinking margins, regulatory scrutiny and operational complexity By Steven Petersen and Avtar Batth The front office in alternative investments and capital markets has been transformed dramatically in the past decade with AI-driven…

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Stavtar: From Founding Story to Future Vision

Steven Petersen is the Co-Founder of Stavtar, a leading fintech company that fully automates end-to-end business spend management for alternative investment managers. Stavtar’s flagship Office of the CFO platform, StavPay, is currently used by more than 100 alternative investment managers with over $2.3 Trillion of assets under management and growing quickly.  What is the company…

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Reimagining Business Spend Operations for Alternative Investment Firms 

A unified, automated approach to expense allocation, vendor management, payment execution and compliance  By Steven Petersen The front office in alternative investments has evolved significantly in the past few years. Advanced analytics, automation, multi-asset strategies and real-time decision making are commonplace. But too often the operational infrastructure behind the scenes tells a fundamentally different story.…

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Stavtar Signs PGA TOUR Pro Frankie Capan III as Brand Ambassador

New York; January 14, 2025 — Stavtar, a rapidly growing provider of business spend management and expense allocation software for alternative asset managers, has signed Frankie Capan III, a rising star on the PGA Tour, as a brand ambassador.  In 2024, Frankie earned a 2025 PGA TOUR card by securing a top 3 spot on…

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Stavtar Solutions Appoints Jared Libby Director of Business Development; Continues its Dominance in Alternative Asset Manager Space

Industry veteran joins Stavtar following period of dramatic growth and software innovation  NEW YORK, NY April 23, 2024: Stavtar Solutions, a software company focused on solutions for the alternative asset management industry, today announced it has appointed Jared Libby as Director of Business Development. Libby will be responsible for driving continued growth and momentum for…

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Stavtar Solutions, creator of business expense management software StavPay appoints former Centerbridge Partners CFO Jeffrey Gelfand as Advisor

NEW YORK, FEB. 7, 2023: Stavtar Solutions, a software company focused on solutions for the alternative asset management industry, announced the appointment of its first advisor, Jeffrey Gelfand.  A tested industry operations leader, Gelfand will leverage his extensive experience to help Stavtar drive innovation and expand its premier software and services. “We founded Stavtar to…

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