EFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce the opening of its newest office, located in Sydney, Australia.
This is the company's first office in Australia and demonstrates its continued commitment to servicing the active alternative investment industry in the Asia-Pacific region.
The establishment of a local presence in Australia is an important development for alternative investment managers and investors in that country. The continued growth of the private equity, real estate, infrastructure and other alternative investment markets in Australia and New Zealand has led to increased demand for eFront's solutions.
The new Sydney office furthers the company's successful approach to delivering quality customer support, consisting of a local presence to better serve global investors and fund managers with activity in the region, as well as local investment firms, limited partner investors and the large superannuation fund community.
"We're truly excited to bring our expertise, services and products to this important and rapidly growing market," commented Tarek Chouman, eFront COO, Asia. "Although we have been active in Australia and the surrounding territory for some time, establishing a local presence in Sydney is an important investment for eFront which we expect will deliver significant returns and benefits for our clients."