Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, announced today that they have formed a strategic partnership with Mirador, LLC (“Mirador”) to help limited partners (“LPs”) including endowments, foundations, and pensions better manage their technology and operations. Mirador offers independent reporting services, data management, and technology advisory, utilizing best-of-breed third-party reporting tools to help clients identify opportunities and risks within their portfolios.
Through this partnership, Allvue’s clients will have the option to leverage Mirador’s data management and financial reporting expertise. LPs who leverage Allvue’s technology solutions can optimize their data collection and aggregation systems through Mirador’s managed service, enabling them to increase their operational efficiencies and position them for growth.
“As LPs increase their allocations to alternative investments, the demand for software that can effectively manage their portfolios and monitor multiple alternative asset classes on a single platform has grown,” said Ryan Keough, Chief Revenue Officer at Allvue. “Partnering with Mirador, a firm with a long history of enabling managed services for LPs, will provide our clients with critical support as they continue to scale their businesses.”
Mirador will specifically support clients utilizing Allvue’s LP Portfolio Management (“LPPM”) solution, the firm’s fully integrated platform that empowers LPs to perform front-, middle-, and back-office activities. As a trusted services provider, Mirador will advise LPs on how to maximize the most efficient use of the LPPM platform.
“With more information flows to manage than ever before, it is essential for LPs to be equipped with a technology platform that offers comprehensive portfolio management services,” said Joseph Larizza, Founder and Managing Partner at Mirador. “We are excited to partner with Allvue around their comprehensive LP offering to help clients maximize their technology capabilities to improve efficiency.”
The partnership furthers Allvue’s dedication to enhancing their clients’ investment processes. In addition to the launch of the LP Portfolio Management solution this year, Allvue also announced a Private Equity and Venture Capital Essentials platform tailored to supporting emerging equity managers on accounting, reporting, and investor communications.
Allvue is a leading provider of technology for investment managers in the private capital and credit markets industry. 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.
About Mirador, LLC
Grounded in Wall Street and enabled by technology, Mirador, LLC combines powerful data science and deep financial expertise to provide best-of-breed financial reporting services and technology consulting services for U/HNW investment portfolios. Through partnerships with leading technology platforms, Mirador’s service offering creates insightful, consolidated, real-time views of all assets and liabilities – what they are, who holds them, how ownership is divided, how they’re invested, and how they’re performing – strategically constructed to identify opportunities and expose financial risks. Unlike large multi-offering firms for whom reporting is an ancillary service or a consulting service that configures systems and leaves, Mirador’s performance-reporting experts – drawn from family offices and wealth-management firms – create true, ongoing partnerships with clients to ensure data integrity, cull new insights from the data, answer questions, and resolve inconsistencies. The firm has offices in Darien, Connecticut, Salt Lake City, Utah, and Dublin, Ireland, and supports the performance-reporting requirements of family offices, wealth and asset managers, and foundations throughout the United States, Western Europe, and Latin America.
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