EFA chooses eFront FrontInvest for new private equity unit

Source: eFront

EFA, a Luxembourg-based independent company specialized in investment Fund Administration services, chose FrontInvest, eFront's solution dedicated to Alternative Asset Management, to support its Private Equity fund servicing entity.

FrontInvest will allow EFA to connect and automate its middle and back-office processes, to increase its operational efficiency and to extend its service capabilities, helping the firm to achieve its ambitious growth plan.

Pascal Leclerc, head of EFA Private Equity: "We chose FrontInvest primarily for its advanced features for accounting and complex fund structure management, but also because it reflects the way our customers operate and manage their investments. This aspect is crucial so that we can provide a range of services adapted to the various requirements of the actors of this constantly evolving market. In addition to the Grand Duchy, FrontInvest will also help us develop our offering in France, and more generally towards international markets".

The choice of EFA in favor of FrontInvest brings to eFront a prestigious reference in fund servicing business and confirms its leadership in Luxembourg.

 

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