eFront Alternative Investment Solutions is a software provider to the

financial industry Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, ...

. Headquartered in Paris, France, eFront employs more than 700 people worldwide. eFront's solutions serve more than 850 customers in 48

countries A country is a distinct part of the world, such as a state (polity), state, nation, or other polity, political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, so ...

, including companies in the

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

real estate investment Real estate investing involves the purchase, management and sale or rental of real estate for profit. Someone who actively or passively invests in real estate is called a real estate entrepreneur or a real estate investor. Some investors actively ...

, banking, and insurance sectors. In 2018, eFront was recognised as one of the top 100 global providers of

financial technology Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are ...

, by IDC FinTech rankings. eFront was the only provider solely dedicated to

Alternative investment An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as ...

s to appear in the ranking. In 2019, the company was acquired by

BlackRock BlackRock, Inc. is an American Multinational corporation, multi-national investment company based in New York City. Founded in 1988, initially as a Enterprise risk management, risk management and fixed income institutional asset manager, BlackR ...

. The company now operates as a specialised business unit within BlackRock Solutions, alongside Aladdin Institutional and Aladdin Wealth.

Operations

eFront has a portfolio of products for different investor types, such as: * Limited partners * General partners * Asset servicers ( fund administrators), *

Fund of funds A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A f ...

Venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

eFront's product portfolio also covers different

asset classes In finance, an asset class is a group of financial instruments that have similar financial characteristics and behave similarly in the marketplace. We can often break these instruments into those having to do with real assets and those having ...

, such as: *

Private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

Real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

Infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and priv ...

Private debt In economics, consumer debt is the amount owed by consumers (as opposed to amounts owed by businesses or governments). It includes debts incurred on purchase of goods that are consumable and/or do not appreciate. In macroeconomic terms, it is ...

. History * 2019: eFront was acquired by BlackRock. * 2015: eFront was acquired by Bridgepoint. * 2013: eFront acquired software provider AnalytX. * 2012: eFront acquired DMLT, the developer of the Investment Café, now called eFront Investment Café. * 2011: eFront was acquired by

Francisco Partners Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. Founded in August 1999 and based in San Francisco with offices in London and New York City, Francis ...

. * 2008: International expansion throughout North America and Asia-Pacific. * 2006: eFront went public with an IPO on

Alternext Euronext Growth is a multilateral trading facility (MTF) operated by Euronext. This equity trading market that was opened May 17, 2005 to address an opportunity posed by small to medium-sized firms that were anticipated to desire easier access ...

. * 2003: International expansion throughout Europe and Middle East. * 2002: first product launch, eFront Venture (eFront Invest today). * 1999: eFront was founded in 1999 as technology platform.

References

{{BlackRock Software companies of France