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Miami, FL – January 3, 2023 – Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced Marc Scheipe has joined as Chief Executive Officer. Scheipe will work alongside the Executive Leadership Team to oversee Allvue’s strategic initiatives and guide the firm as it enters its next phase of growth.
Scheipe specializes in building successful software and technology companies and has a proven track record of transforming organizations to promote sustainable growth while also strengthening company culture. He most recently served as CEO of Vector Solutions, where he recruited an expert executive leadership team, oversaw strategic acquisitions and accelerated product and revenue growth throughout his tenure. Scheipe has also served as CFO and President for the Americas at Sage Software, CEO & President of FrontStream, CFO of Global Business Functions at Ally Financial and began his career as a Lieutenant Commander in the United States Navy.
“Alternative asset classes continue to grow and are expected to see record allocations over the next five years, but investment firms will have to navigate the significant macroeconomic challenges facing today’s financial markets,” said Marc Scheipe, Chief Executive Officer of Allvue. “More than ever, it is essential for managers to have a technology stack that will provide reliable insights into their investments and empower better decision-making, and it is clear to me that Allvue is the industry leader in providing these solutions. I am honored to join this impressive organization and look forward to working closely with the Executive Leadership Team to ensure Allvue remains the best possible partner for our clients amidst these changing markets.”
Allvue has experienced significant growth since it was formed under the guidance of Vista Equity Partners in the fall of 2019, and now serves more than 400 clients globally through a comprehensive platform that supports the entire investments lifecycle and regional offices across North America, Europe, and APAC. As CEO, Scheipe will facilitate Allvue’s continued expansion by focusing on clients’ changing needs and delivering innovative, holistic products along with top-notch customer service. He will replace Dan Streetman, who is stepping down from his position as CEO of Allvue due to personal reasons.
“Allvue has achieved tremendous success over the past three years in becoming the go-to partner to meet the technology needs of alternative asset investors,” said Nadeem Syed, Senior Managing Director at Vista Equity Partners and Chairman of the Board of Allvue. “As Allvue looks forward to the next phase of growth, we are confident that Marc’s proven track record of strategy development, tactical execution and creating strong corporate cultures make him an invaluable fit for our leadership team.”
Scheipe joins a talented and tenured Allvue Executive Leadership Team with decades of leadership experience. More information about the team and the Allvue platform are available on their website.
Allvue is a leading provider of technology for investment managers in the private capital and credit markets industry, including 20 of the 25 largest CLO Managers. Its mission is to empower superior investment decisions by pairing modern cloud-based software solutions with capabilities across multiple asset classes. Allvue’s software solutions serve the entire investment lifecycle and are seamlessly integrated to provide a comprehensive product suite, serving investment managers of all sizes worldwide, including general partners, limited partners, fund administrators, and banks.
Allvue was established in 2019 through the merger of Black Mountain Systems and AltaReturn, two leading providers of investment technology solutions. Allvue is based in Miami, FL with locations throughout North America, Europe, and Asia-Pacific. With a commitment to innovation and a focus on multiple asset classes, Allvue’s software solutions allow its clients to operate and grow their businesses more effectively by automating manual processes, improving data accuracy and consistency across workflows, and delivering enhanced analytics.
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