Allvue has acquired private markets software provider PFA Solutions.
The acquisition means that Allvue can offer PFA Solutions’ flagship product Firmview to its clients alongside Allvue’s existing suite of alternative investment tools.
Allvue described the partnership as “a game-changer for current and future clients” which allows the firm to improve efficiency, reduce complexity, and drive transparency across compensation and performance management.
The partnership will result in the streamlining of many fund operations, optimised compensation cycles and simplified carried interest management.
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“We welcome the PFA team to Allvue, and the addition of their transformative technology around carried interest and compensation data to Allvue’s solutions, giving firms a single source of truth for funds and employees,” said Marc Scheipe, chief executive of Allvue Systems.
“Allvue and PFA share a unified vision of empowering our clients to concentrate on their core competency – investing.
“Achieving scalable growth in the areas of private equity, venture capital, and private debt is becoming increasingly challenging in today’s complex market landscape. By integrating advanced technology with extensive industry expertise, we deliver solutions that enable firms to optimize operational performance, enhance strategic decision-making, and seize new growth opportunities.”
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Allvue tracks $7tn (£5.52tn) in client assets under management on its platform, while PFA tracks $1tn. By integrating PFA’s platform, Allvue hopes to both expand its capabilities and solidify its position as the market leader.
“By combining PFA Solutions’ deep expertise in compensation and performance analytics with Allvue’s extensive technology suite, Allvue is uniquely positioned as the premier partner for alternative investors aiming to scale efficiently,” said Richard Change, co-founder and managing partner of PFA.
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