Brazil's Inseed Investimentos selects eFront

Source: eFront

EFront, a leading software provider of solutions for managing alternative investments, has signed a new Brazilian client, Inseed Investimentos, a prominent venture capital firm based in Belo Horizonte.

With over 40 companies in its portfolio, Inseed Investimentos has a strong track record of investing in innovative companies with high growth potential in the early stages of development. The company will be making use of eFront's front-to-back integrated solutions to improve efficiency and investor relationships and structure its investment operations and fundraising activity.

The client win forms the latest chapter of eFront's ongoing expansion into Brazil where it already provides solutions to the largest private equity firm in Latin America, GP Investments. In order to support these clients and the broader regional market eFront will be opening an office in Rio de Janeiro later this year. GP Investments has invested more than USD$5 billion across 15 different sectors, and as eFront's cornerstone regional client is a big factor in the decision to expand.

Ayman Daif, Area Sales Manager of eFront, says "With Brazil's fast-growing alternative investment market, this is an incredibly exciting time to make inroads into the region; over the past decade the Brazilian private equity sector has deployed over USD$22 billion in capital, and this is only accelerating. Private equity funds have played a key role in Brazil's economic rise, helping to professionalize family-owned businesses, improve corporate governance and provide much needed growth capital.

eFront's software solutions are designed to help general partners, limited partners and fund administrators automate and optimize all aspects of managing both investment and investors. For example, with eFront GPs can automate difficult and often error-prone tasks such as issuing capital call notices, managing investor allocations and fees, and closing financial periods. 

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