MIAMI, Fla. (September 23, 2020) – Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today commemorated its one year anniversary by sharing that the firm has achieved several significant milestones, including client and employee growth of 30% and 29% year-over-year, respectively.
Allvue was founded last year through the merger of credit and equity technology providers AltaReturn and Black Mountain Systems to create one software platform that seamlessly services firms across the front to back office, equity to credit sectors and the entire investment life cycle. Over the last year, Allvue has launched new products to serve its expanded client base, including its subscription facility management solution, which simplifies fundraising efforts by tracking subscription lines and drawdowns, and its LP Portfolio Management platform, which supports investment decision-making with real-time data about portfolio companies. Additionally, the firm has expanded its Executive Leadership Team with the appointment of Yuriy Shterk as Chief Product Officer earlier this year and the hiring of Roman Bejger as General Counsel this spring.
“Allvue is committed to providing alternative investment managers with best-in-class solutions that support their needs from investment to investor and across the investment life cycle,” said Rey Acosta, CEO of Allvue. “I am excited and inspired by our progress during our inaugural year and the continued development of our Executive Leadership Team with the additions of Yuriy and Roman. As we reflect on how far we have come, I look forward to our next growth phase and continuing to develop new and exceptional tools to help our clients meet their growing technology needs.”
Mr. Shterk joined Allvue as Chief Product Officer in March 2020 with more than 20 years of experience working in different functions for technology solution providers in Capital Markets, including Fidessa and CQG. He oversees and works to maximize the firm’s technology and data offering for clients across market segments in the front, middle and back offices.
Mr. Bejger, who joined Allvue in May, brings 25 years of professional experience, most recently serving for over a decade as General Counsel & Chief Compliance Officer of Providence Equity Partners L.L.C. He leads Allvue’s legal, compliance and enterprise risk management functions.
In February 2020, Allvue announced the appointment of its senior leadership team, including Rey Acosta as Chief Executive Officer, Ryan Keough as Chief Revenue Officer, Brandon Meeks as Chief Technology Officer, and Custodio Toledo as Chief Data Officer, as well as the hire of three new senior executives including Erik DiGiacomo as Chief Operations Officer, Brian Seldess as Chief Financial Officer and Joe Plavetic as Chief Human Resources Officer.
About Allvue Systems
Allvue Systems is a leading provider of investment management solutions for fund managers, investors, and administrators in the alternative investments industry. The company’s software optimizes decision making and streamlines processes to meet the needs of investors across private equity, venture capital, private debt, structured credit, real estate and other alternative asset classes. Allvue serves customers managing over $2.5 trillion in assets on its platform.
Allvue was created in 2019 through the combination of Black Mountain Systems and AltaReturn. Allvue is based in Miami, FL with locations throughout North America and Europe.
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Allvue Systems Contact:
Remy Marin
646.818.9298
[email protected]