Beijing, Tokyo | April 26, 2018 – eFront, the world’s leading Alternative Investment management software and solutions provider, announced today two new additions to its growing Asia Pacific client base, a Sovereign Wealth Fund based in China and one of Japan’s leading Asset Managers.
The China-based Sovereign Wealth Fund will use eFront Invest LP and eFront Portfolio Monitoring solutions to manage direct and indirect investments in Private Equity, Real Estate, and Private Debt. The solutions will help improve the efficiency of both deal-flow management and performance calculations, as well as simplify the data collection process and enhance reporting capabilities. Connext, eFront’s partner for the China market, managed the engagement with the client and now leads the system implementation.
The Japan-based Asset Manager has selected eFront Invest LP and eFront Data Intelligence solutions in order to manage its indirect investments in Private Equity, Real Estate, and Infrastructure. The eFront Invest solution will structure and centralize the Alternative Investment life cycle, improve performance measurement, and boost reporting capabilities. Furthermore, thanks to eFront Data Intelligence, the company will be able to access high quality, granular data about its investments leading to fewer errors and improved efficiency. Nomura Research Institute is the eFront Japanese partner in charge of the client and system implementation.
Mario Cusinato, Head of Partners and Alliances, Asia Pacific at eFront, added: “eFront has been pioneering Alternative Investment solutions in Asia-Pacific for many years and has developed a strong local presence through a regional network of offices and partners. We are thrilled to count an ever-growing number of clients in the region, which further grows our regional footprint while confirming our regional strategy”.