eFront expands its global footprint with new offices in Abu Dhabi and San Francisco

Paris - 11 October 2012

eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce a further expansion of its international footprint with the opening of new offices in Abu Dhabi and San Francisco. eFront continues to demonstrate its support of its clients as well as its dedication to the rapidly growing alternative investments market by enlarging its presence in North America and the Middle East.

Today, Abu Dhabi is one of the most fiscally-endowed cities in the world and its organizations continue to pioneer innovative investing activities across all types of alternative assets, all of which require robust and customizable solutions. The region promises large market opportunities for FrontInvest, eFront's flagship software suite for the alternative assets industry. The new office expands both eFront's international and Middle-Eastern footprint and further strengthens its ability to serve our current and future customers with local resources.

“We are thrilled about the rapid growth eFront has experienced over the past year and are excited about the opportunities that come with opening this new office,” said Tarek Chouman, COO, eFront Asia & Middle East, who will lead the new office with a dedicated international team based in the UAE. “With our Abu Dhabi office, eFront will continue to foster close relationships with our clients in the UAE, especially our many sovereign wealth fund clients there. By enabling our Dubai and Abu Dhabi resources to support each other, we are positioned to capitalize on our commitment to the alternative investments market in the Middle East. Having two offices in the UAE puts us in a unique competitive position.”

The opening of the San Francisco office comes after the opening of the New York office in 2009, Montreal in 2010, and the Dallas office in late 2011

“The new West Coast office is a great addition and will help us continue to develop eFront’s growing North American client base, which includes private equity and real estate investors, fund managers and service providers,” commented Eric Bernstein, COO, eFront North America. “It’s all part of our continued efforts to demonstrate our leadership in the field of software solutions for alternative asset managers while better servicing our clients.”

In addition to Abu Dhabi and San Francisco, eFront has offices in Beijing, Hong Kong, Singapore, Dubai, New York, Dallas, Montreal, London, Jersey, Paris, Luxembourg and Bonn.

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