eFront, a leading software provider of financial solutions for managing alternative investments announced that CBPE Capital, a leading U.K. mid-market private equity firm, has chosen Investment Café to provide a secure online investor reporting portal. This will enable CBPE to enhance the quality and efficiency of its communications with its investors.
CBPE Capital, formerly known as Close Brothers Private Equity, was founded in 1984 as part of the Close Brothers Group. Following a management buyout from Close Brothers in 2008, CBPE Capital became an independent partnership entirely owned and managed by its experienced senior team. To date CBPE has invested in more than 70 UK companies. It is currently investing its eighth fund which closed in February 2010 on capital commitments of £405 million. The fund has made nine investments so far in companies in the industrials, consumer, leisure, healthcare and financial services sectors.
The fully-branded investor and fund-raising portal provided by eFront will greatly facilitate CBPE’s efforts to provide enhanced communications to its investors and to offer investors efficient, secure and timely access to important documents and data. In addition, eFront’s advanced document services workflows, with splitting and proofing tools, will streamline critical business processes for CBPE in the production of investors’ notices and reports.
“Investment Café’s impressive investor reporting technology set the solution apart from anything else we had seen in the market which will give us and, importantly, our investors the best possible user experience” commented Eleanor Mountain, Director of Investor Relations at CBPE, “eFront’s considerable investment into ongoing research and development was another deciding factor, because over time it will continue to provide us with an excellent solution tailored for the private equity market.”
“This is an exciting new win for eFront,” commented Béatrice Vachonfrance, eFront’s Director of Business Development. “This further establishes our leadership as a SaaS provider in the alternatives space.”