4vco Newsletter - Issue 43 - Q3 2010
Contents
Industry News - Headlines
4vco – Almost 100 PE houses attend PESS 2010 event
4vco – PESS Directory Edition 2 launched - 40 suppliers
eFront announces new US client – TIAA-CREF
eFront appoints Andy Barrett Vice President, North American Sales
eFront opens new office in Hong Kong to pursue expansion in Asia
DAVIGOLD client and recruitment news
Netage appoints new Director of Product Development
eFront announces strategic partnership with ARGUS Software
Outsourcery - Hosting Solutions Partner of the Year (Microsoft 2010 Partner Awards)
IntraLinks surveys institutional investors
Ipes strengthens UK presence with two senior appointments
Investran webinar: An Insider's View to Selecting Private Equity Software
3i Infotech - Framework teams up with Capital Support for Hosting Services
iLevel Solutions secures funding and completes spin-out from The Blackstone Group
IntraLinks opens office in Sao Paulo
Eze Castle Integration named to VAR500 list of Top IT Providers
Touchstone offers 30 day free trial of hosted CRM
SS&C launches Private Equity Solution
Navatar Group – Satori Capital productivity improvements
Navatar Group – free offer of CRM for Private Equity
LexisNexis uncovers "hidden" relationships that drive profitability
Baxon announces the release of PCMS 4.4
Netage announces Dynamo Connector for PEView
LexisNexis InterAction - breakfast networking event
Industry Events
BVCA – Best Practice Financial Modelling
28-29 September 2010, London
For more details click here
BIE – The PE Management Conference - Adapting to a new environment
21 October 2010, London
For more details click here
EVCA - Foundation Course for Support Staff
3-5 November 2010, Barcelona
For more details click here
EVCA - Finance & Administration Course
23-26 November 2010, Brussels
For more details click here
Industry News - in detail
4vco – Almost 100 PE houses attend PESS 2010 event
4vco hosted its annual Private Equity Software and Service Provider showcase event (PESS 2010) on June 29th, bringing together 20 vendors and 158 PE professionals from nearly 100 private equity houses. Attendance was 35% up on the previous year.
Feedback from the event has been overwhelmingly positive, with a strong vote of confidence expressed in the quality of products and services on display. PESS is now established as a major annual event for PE operations and work has already started on planning for 2011.
Read more about PESS 2010 here
4vco - PESS Directory popular with PE Operations
Edition 2 of the PESS Directory is now available featuring profiles of more than 40 suppliers serving the private equity marketplace - including software suppliers, information services, fund administrators, support and infrastructure services. New suppliers added include State Street, ClearMomentum, Alter Domus, PS Financials and Ciklum.
The directory is free to request from the 4vco website.
For more details click here
eFront announces new US client – TIAA-CREF
From the press release:
“eFront announced that TIAA-CREF, a national financial services organization and leading provider of retirement services for the non-profit world, has implemented eFront’s FrontInvest. FrontInvest is a software suite for alternative asset management.“
Read the full press release here
eFront appoints Andy Barrett Vice President, North American Sales
From the press release:
“eFront appointed Andy Barrett as Vice President, North American Sales. Andy will add to eFront’s continued expansion and growth throughout the US and Canada.
Andy’s hiring follows the opening of eFront offices in New York early in 2008 and most recently Montreal in January 2010, and expands eFront's international footprint across North America. eFront’s growing North American client base includes Private Equity and Real Estate investors, Fund Managers and Service Providers.”
For more details click here
eFront opens new office in Hong Kong to pursue expansion in Asia
From the press release:
“eFront continues to demonstrate its support to the rapidly growing Alternative Investments market by enlarging its presence in Asia.
The new Hong Kong office will focus on addressing the Private Equity, Real Estate and Infrastructure investment sectors in Asia-Pacific. In particular, the new office will provide implementation services and local support to eFront customers in the region.”
More details here
DAVIGOLD releases LBOffice 3
From the press release:
"New features include:
- access to all fund information (deal flow, portfolio, investors etc.), reports, documents on Blackberry and iPhone in a maximum of 2 clicks.
- integration will all global stock exchanges and automatic valuation of portfolio companies based on comparables with publicly-traded companies through pre-defined comparison criteria.
- full integration with Excel valuation models replicated in one click upload”.
DAVIGOLD client and recruitment news
DAVIGOLD announces new clients in Europe including BlackFin Capital Partners.
DAVIGOLD has added two support professionals in its London office and a new Sales Analyst, Renaud Delcroix, in its Paris office.
Netage appoints new Director of Product Development
From the press release:
"Netage Solutions announced the appointment of Michael Dullea to the newly created position of Director of Product Development. A skilled product manager with 15 years of experience in the financial services industry, Michael will drive all development efforts at Netage, ensuring that the Dynamo(TM) platform continues to deliver market-leading capabilities for private equity and alternative investment firms.”
For more details click here
eFront announces strategic partnership with ARGUS Software
From the press release:
“ARGUS Software, the leading worldwide solutions provider for managing the value of real estate investments and eFront, the leading worldwide solutions provider for alternative assets fund management, today jointly announced the formation of a strategic partnership that creates the leading edge, fully integrated fund management and analysis solution for the commercial real estate market.”
Read the full press release here
Outsourcery - Hosting Solutions Partner of the Year (Microsoft 2010 Partner Awards)
From the press release:
“Microsoft has announced Outsourcery as their Hosting Solutions Partner of the Year 2010. Chosen from an international field of top Microsoft partners for delivering market-leading customer solutions built on Microsoft technology, British-based Outsourcery is widely predicted to become the UK's market leader in Cloud Computing and unified communications.”
For more details click here
IntraLinks surveys institutional investors
From the press release:
“Did you know 37 percent of investors have been sent another institution’s capital call, statement or tax document? This is just one of the findings in a survey of institutional investors, from IntraLinks and Preqin.
Private equity firms can retain investors and increase their likelihood of winning additional commitments by providing investors with better reporting.”
Read the survey here
Ipes strengthens UK presence with two senior appointments
From the press release:
“Award winning Fund Administrator Ipes grows UK presence with two senior level appointments.
Justin Partington has been appointed to its Executive Board. As Commercial Director, Justin will spearhead the continued development and growth of Ipes’ business across the group.
Caroline Ferguson has been promoted to Operations Director. Caroline will continue to develop Ipes’ core capability in areas such as investor reporting and accounting as well as identifying opportunities to further support its client base.”
Read the full press release here
Investran webinar: An Insider's View to Selecting Private Equity Software
From the press release:
"Motivations for investing in a software solution to support your investments business vary from firm to firm. Regardless of the need, selecting the system to meet your specific needs is a significant challenge, and getting it implemented can be even harder - especially when consequences to failure are severe.”
Access the webinar here
3i Infotech - Framework teams up with Capital Support for Hosting Services
From the press release:
“3i Infotech - Framework announces that it has formed a strategic alliance with Capital Support for hosting services. Capital Support is one of the UK's premier IT solutions providers with niche expertise in the financial services industry.”
Read the full press release here
iLevel Solutions secures funding and completes spin-out from The Blackstone Group
From the press release:
“iLevel Solutions announced closing of a $6 million round of funding led by Egis Capital Partners, Swift River Investments, and Epiphany Ventures.
The funding will be used to support the continued development of iLevel's suite of software products focused on the Alternative Investment Management market, along with the expansion of business development, sales and marketing activities.”
Read the full press release here
IntraLinks opens office in Sao Paulo
From the press release:
"IntraLinks has launched an office in Sao Paolo which will also serve as its Latin America headquarters. The company now has a full service local team including sales, customer support, technical and finance staff. The establishment of an entity in Latin America signifies IntraLinks’ commitment to the geographic area, and in particularly, the numerous customers that the company has been working with in the region since it began conducting business there in 2005."
More details here
Eze Castle Integration named to VAR500 list of Top IT Providers
From the press release:
"Eze Castle Integration, a leading provider of IT services to alternative investment firms, has been recognized by Everything Channel as one of the top 500 technology integrators. Named to the prestigious VAR500 list, Eze Castle placed number 351 in the 16th annual ranking, moving up five spots from the 2009 VAR500 list."
Read the full press release here
Touchstone offers 30 day free trial of hosted CRM
From the press release:
"Touchstone Group offer Microsoft Dynamics CRM 4.0 as a hosted online solution, allowing you to take advantage of sophisticated customer acquisition and retention tools that help build your business without a significant, upfront capital investment.”
More details of the free trial here
SS&C launches Private Equity Solution
From the press release:
"Now private equity firms seeking advanced software and independent administrative services and expertise will find them in a single source: SS&C PEI Solutions,” said Bill Stone, Founder and Chief Executive Officer, SS&C Technologies Holdings, Inc. “We service 300 clients, over 1,000 funds and $150 billion in committed capital worldwide and we are a major private equity solutions provider.”
Read the full press release here
Navatar Group - Satori Capital productivity improvements
From the press release:
"Using the Cloud Computing CRM for Private Equity from Navatar Group , Satori Capital, a middle market Private Equity firm, reports a straight 100% productivity gain that helps them focus on the right investors and deals.
"Without Navatar's Private Equity CRM, it would have taken us twice as many people to do the same work," said Sunny Vanderbeck, Managing Partner, Satori Capital. "All touchpoints with LPs and with potential portfolio companies are always high-stakes activities. Having an easy way to stay coordinated, organized, and informed on all these activities creates real value for our firm.”
Read the full press release here
Navatar Group - free offer of CRM for Private Equity
From the press release:
"Navatar Group is now providing free CRM for eight months, to help you prepare for the expected rebound in the worldwide financial markets. This is great news for financial firms since they can now get pre-built software-as-a-service for their business up and running within a day or two. They will also get the underlying force.com seats from salesforce.com free as part of this promotion. In addition, Navatar Group provides all implementation services, accounts/contacts migration, training, maintenance and email support for these solutions free of charge."
Read the full press release here
LexisNexis uncovers "hidden" relationships that drive profitability
From the press release:
"LexisNexis has announced the global launch of InterAction® IQ, a new tool that mines multiple communication touch points within a law firm or corporation to identify new or underutilised professional relationships. By providing a more clear, complete and actionable set of contact information, the technology improves business development activities for users."
Read the press release here
Baxon announces the release of PCMS 4.4
From the press release:
"Baxon announces the release of Baxon PCMS 4.4, with a new secure integration tool specifically designed to automatically update information from the Portfolio Companies in an easier and faster way."
For more details contact info@baxonpe.com
Netage announces Dynamo Connector for PEView
From the press release:
"Netage Solutions and Q-Biz Solutions Partner to Integrate Best-of-Breed Private Equity Solutions. Dynamo Connector for PEView allows private equity and venture capital firms to realize the efficiencies and data integration of an all-in-one system without sacrificing usability or functionality. Financial/transactional data captured in PEView can be periodically synchronized with Dynamo, helping to streamline data capture, analysis, and reporting."
Read the full press release at here
LexisNexis InterAction - breakfast networking event
8.30am - 10am Wednesday, 8th September in London
St. James's Hotel and Club, 7-8 Park Place, St. James's, London, SW1A 1LS
"Guest speaker, Mark Wilson from Catalyst Corporate Finance will talk about the subject of international buyers as an exit route in 2010 and beyond. Catalyst is seeing renewed interest from overseas buyers looking to acquire UK companies across a wide number of sectors."
For more details click here