Investment Services News

Allvue Systems Selected to Support LGL Group’s Fund Administration Business

Allvue Systems Selected to Support LGL Group’s Fund Administration Business
Partnership will help LGL establish and grow its new business line from the ground up

Allvue Systems, a leading alternative investment technology solutions provider, announced that LGL Group has selected the firm to provide its Fund Accounting and Investor Portal solutions to support its growing fund administration business. LGL Group is a leading provider of Alternative Fund, Corporate, and Family Office solutions, specializing in Private Debt, Capital Markets, Real Estate & VC. Headquartered in Jersey with offices in Luxembourg, and the UK.

“LGL and their experienced executive team have a solid reputation for successfully growing fund administration businesses and taking them to the next level, so naturally they recognize the value that streamlined software solutions can add”

Allvue’s Fund Accounting software will provide LGL with a robust and modern back-office system fully capable of offering fund administration and investor reporting services across different fund types including private equity, real estate, venture capital, and debt. Through Allvue’s Investor Portal, LGL clients will have access to highly configurable dashboards that support both standardized workflows and detailed reporting within one fully integrated platform.

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“As we focus on growing our alternatives business, we need a partner with a comprehensive and reputable system to help us provide a best in class solution for our clients,” said Zena Couppey, Chief Executive Officer at LGL. “Allvue offers not only a premier, modern technology stack, but also the flexibility to increase our range of services as our new business line expands, which will enable easy scalability in the future.”

“LGL and their experienced executive team have a solid reputation for successfully growing fund administration businesses and taking them to the next level, so naturally they recognize the value that streamlined software solutions can add,” said Mark Yamin-Ali, Head of Enterprise Sales at Allvue. “We are excited to partner with LGL at the ground level as they expand their administration business and to continue to strengthen Allvue’s European presence.”

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Allvue’s Fund Accounting solution is built to handle complex fund structures and serves as the cornerstone of back-office operations combining detailed financial statement reporting, a multi-currency general ledger, cash management, waterfall capabilities, and workflow standardization into one cloud-based solution. The firm’s Investor Portal provides limited partners with highly configurable, feature-rich dashboards, the ability to securely share reporting documents, and tools to update their information within the system.

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