Ron Allen appointed as eFront’s Chief Client Success Officer
Paris and New York, August 13, 2019 – eFront, the world’s leading technology solution for alternative investment management, announced today the …
Paris | March 01, 2019 – eFront, the world’s leading alternative investment management software and solutions provider, today announced that Estera, a global provider of fiduciary and administration services, has selected eFront Invest and Investment Café solutions, to support the further growth of its international private equity business.
eFront’s solutions will enable Estera to offer a powerful and professional service to private equity clients and intermediaries of substantial scale. eFront products, eFront Invest and eFront Investment Café, will provide a seamless platform for Estera to meet the varying demands of specialist fund structures, incorporating fund administration and accounting, as well as managing investor services and client reporting across private equity, real estate and debt.
Estera has a large, full-service European funds offering, with flexible, jurisdiction-agnostic client solutions. In recent years it has grown through strategic acquisition and by leveraging its existing business.
Farah Ballands, Estera Group Chief Executive Officer said, “Investing in eFront’s market leading fund administration platform will support the funds offering we have built over the last few years. Our acquisitions of Morgan Sharpe and Heritage in Guernsey as well as Headstart and Allegro in Luxembourg have really put us on the fund admin map. Now we are further investing in our fund admin capabilities with eFront so that we can further enhance the high level of service that our clients receive from us.”
Ethan Levner, Group Head of Corporate Development and Managing Director, Estera Guernsey, added: “Consolidating our current platforms into eFront will further enhance our offering to support our clients’ ongoing growth and allow Estera to offer full-service, jurisdiction-agnostic fund administration.”
Tarek Chouman, Chief Executive Officer at eFront, commented, “We are delighted that Estera has selected eFront to power its private equity-related fiduciary and administration services. We look forward to supporting Estera’s 550+ professionals with our world-leading solutions, which will enable them to meet and exceed client reporting and administration expectations.”
Estera is a leading global provider of fiduciary and administration services. Established for over 40 years, Estera provides corporate, funds, trust and accounting services to clients across the world. It has 550 highly qualified professionals in 11 jurisdictions: Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Hong Kong, Isle of Man, Jersey, Luxembourg, Malta, Mauritius and the United Kingdom. Estera collaborates with clients and their advisers to deliver smart, considered and most of all practical solutions, whether in a single location or across multiple jurisdictions. Regulatory information can be found at estera.com.