The Everstone group is a premier Singapore based investor focused on India and South East Asia with approximately US$1.8 billion of assets under management. With offices in Singapore, India and Mauritius, the group focuses on private equity and real estate. The Everstone group was awarded "Firm of the Year in India" by Private Equity Asia in 2011.

eFront's solution, FrontInvest, will allow for a centralized platform that supports all investment processes, from due diligence all the way through to exit. FrontInvest functions will be used by the private equity Investment, Portfolio Monitoring and Management teams. Once FrontInvest is implemented, the information which used to reside across multiple platforms will become centralized. Moreover, the teams will have immediate access to all their data, allowing them to effectively compile reports for internal users and their investors. Moving forward, FrontInvest will provide industry best practices with Everstone, in terms of processes, functionalities, reports and dashboards as suggested by ILPA guidelines.

"There were a number of factors that went into Everstone's decision to partner with eFront," explained Sanjoy Chatterjee, Chief Operating Officer, Everstone. "We are impressed with eFront's products, flexible and customizable modules, strong presence in the region and the prestigious list of clients worldwide using its solutions."

"We are delighted to have Everstone as our first client in India. We are very excited about this new partnership and look forward to continuing our growth in this region," commented Tarek Chouman, COO, eFront Asia & Middle East. "Everstone is a well known and respected investor and we are proud the firm has chosen eFront as its central investment management platform for private equity. We are committed to the Middle Eastern and Asian markets as is demonstrated by the growth we have achieved there during the last several years."