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MIAMI, Fla. (May 12, 2021) – Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced a partnership with IQ-EQ to enhance its Debt and Credit Services business line, which will support institutional fund managers. IQ-EQ is a fast-growing and global fund administrator that focuses on alternative investment managers, investors and family offices.
As part of the partnership, Allvue will implement an industry-leading Investment Accounting solution to power IQ-EQ’s new Debt and Credit Services platform. This offering will enable IQ-EQ to provide loan agent and private debt loan administration services to its clients covering a range of asset types including, but not limited to, broadly syndicated loans, private debt loans and bonds, and corporate and municipal bonds.
“Historically, private debt managers have opted to administer their back-office functions in-house, but this requires heavy financial and time commitment and pulls attention away from key investment activities,” said Justin Partington, Group Head of Funds, at IQ-EQ. “As a result, we have found that debt managers have been increasingly looking to outsource this work. When launching a new offering to meet this need, we sought out to partner with Allvue due to its unmatched industry experience and top-notch systems for debt managers, which will ensure we can deliver clients the best, holistic service.”
“Globally we are seeing a shift as more administrators are looking to provide first class service to their clients and capitalize on the growing private debt market,” said Ryan Keough, Chief Revenue Officer of Allvue. “Allvue has an extensive track record in supporting the credit markets and is looking forward to helping IQ-EQ scale its business and provide solutions across the credit space. Private debt is growing not only in size but also in complexity, and with the right solutions, IQ-EQ will be able to adapt quickly and successfully as the market continues to evolve.”
Allvue has a proven track record and supports clients investing in all types of alternative asset classes. In partnering with investment firms and fund administrators, Allvue has the specialist expertise to navigate the complexities of the debt market including loan agency, fund financing and private debt. The Allvue Investment Accounting solution manages multiple portfolios of loans from inception until conclusion whether through maturity, early payoff or restructuring. The system can manage loans as investments in one or more portfolios/funds or manage loans from the role of administrative agent to track events and generate lender and borrower notices and reports.
Allvue Systems is a leading provider of end-to-end investment management solutions for fund managers, investors, and administrators in the alternative investments industry, across credit and equity strategies. The company offers innovative, configurable investment software with an integrated front-to-back solution that empowers superior investment decisions by eliminating the barriers between systems, information, and people, and streamlining investment processes. Allvue was established in 2019 through the merger of credit-focused Black Mountain Systems with equity-focused AltaReturn, and currently manages over $2.5 trillion in assets on its platform. The company is based in Miami, FL with locations throughout North America and Europe. With a commitment to product enhancements and innovation, and a focus on private debt, private equity, and other alternative asset classes, Allvue helps firms make better investment decisions, enables deeper relationships with their investors and prospects, and allows them to spend less time getting information and more time using it. To learn more about Allvue, please visit: https://www.allvuesystems.com/
IQ-EQ is a leading investor services group that brings together a rare combination of global technical expertise and deep understanding of client needs. We have the know-how and the know you that allows us provide a comprehensive range of compliance, administration, asset and advisory services to fund managers, multinational companies, family offices and private clients operating worldwide.
IQ-EQ employs a global workforce of 3,400+ people located in 23 jurisdictions and has assets under administration (AUA) exceeding US$500 billion. IQ-EQ works with six of the top 10 global private debt firms.
Also part of the IQ-EQ group of companies are: First National Trustee Company (FNTC), Lawson Conner, Equitis, The Private Office, Peru & Partners, Blue River Partners, Conseil Expertise & Synthèse and Constellation Advisers.
To find out more about IQ-EQ visit www.iqeq.com
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