Allvue has acquired non-public markets software program supplier PFA Options.
The acquisition implies that Allvue can supply PFA Options’ flagship product Firmview to its purchasers alongside Allvue’s present suite of other funding instruments.
Allvue described the partnership as “a game-changer for present and future purchasers” which permits the agency to enhance effectivity, cut back complexity, and drive transparency throughout compensation and efficiency administration.
The partnership will consequence within the streamlining of many fund operations, optimised compensation cycles and simplified carried curiosity administration.
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“We welcome the PFA staff to Allvue, and the addition of their transformative expertise round carried curiosity and compensation information to Allvue’s options, giving companies a single supply of fact for funds and workers,” mentioned Marc Scheipe, chief govt of Allvue Programs.
“Allvue and PFA share a unified imaginative and prescient of empowering our purchasers to focus on their core competency – investing.
“Reaching scalable development within the areas of personal fairness, enterprise capital, and personal debt is changing into more and more difficult in in the present day’s complicated market panorama. By integrating superior expertise with intensive business experience, we ship options that allow companies to optimize operational efficiency, improve strategic decision-making, and seize new development alternatives.”
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Allvue tracks $7tn (£5.52tn) in consumer property beneath administration on its platform, whereas PFA tracks $1tn. By integrating PFA’s platform, Allvue hopes to each develop its capabilities and solidify its place because the market chief.
“By combining PFA Options’ deep experience in compensation and efficiency analytics with Allvue’s intensive expertise suite, Allvue is uniquely positioned because the premier companion for different traders aiming to scale effectively,” mentioned Richard Change, co-founder and managing companion of PFA.
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