Allvue Systems announced that Monroe Capital selected the firm as its portfolio management software provider.
Allvue is providing Monroe a powerful suite of solutions including private debt, portfolio management, trade order management, compliance, and fund finance to support across its private credit strategies. The software will serve as a.
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By John Hintze
In March 2021, the administrator of the London Interbank Offered Rate made it official: certain tenors of U.S. dollar Libor would cease to publish on Dec. 31, 2021, with remaining settings terminating on June 30, 2023, for legacy transactions. With the long-telegraphed Libor endgame now set in stone, banks are picking up the pace of transition amid front- and back-end challenges.
One concern held by community, midsize and regional banks that use Libor is that the Secured Overnight Financing Rate, the favored alternative of the Alternative Reference Rate Committee, a public-private group convened by the New York Fed, is that it does not reflect credit risk. In times of market stress, investors flocking to the risk-free rate would cause it to plummet, along with the banks’ returns on SOFR-priced loans, while their cost of funds jumps a bank nightmare.
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Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced the launch of its enhanced Fund Performance & Portfolio Monitoring (“FPPM”) Solution to enable general partners (“GPs”) to visualize, aggregate and analyze private equity portfolio data in real-time.
The enhancements made to Allvue’s FPPM solution will reduce the operational burden on GPs as well as increase business intelligence, empowering managers to act more efficiently and in real-time. The offering includes a single unified reporting system and interactive dashboards that are available to investors so they can quickly and easily access accurate, updated portfolio data, as well as extensive reporting capabilities to seamlessly extract actionable insights.
Paul Filanowski Joins 4Pines Fund Services LLC As Director of Business Development
Executive to contribute to the 4Pines commitment to evolving the fund administration category toward a strategic services partnership model
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STAMFORD, Conn., Feb. 9, 2021 /PRNewswire/ 4Pines Fund Services announced today the appointment of Paul Filanowski as Director of Business Development. In his role Filanowski will address demand for a strategic services partner and technology platform that combines experience-driven insight with private capital fund administration fundamentals.
Filanowski joins 4Pines from Allvue Systems where he served as a Strategic Account Manager following the acquisition of AltaReturn. Previously, he focused on business development at SIX Financial Information and served as a Senior Business Analyst at Commonfund.