Allvue Systems Holdings, which provides cloud-based software solutions for investment managers, filed on Friday with the SEC to raise up to $100 million.
Allvue provides technology to investment managers in the private capital and credit markets, pairing cloud-based software solutions with capabilities across multiple asset classes. Its software solutions serve the entire investment lifecycle and are integrated to provide a comprehensive product suite. The company serves investment managers of all sizes worldwide, including general partners, limited partners, fund administrators, and banks. As of June 30, 2021, Allvue had approximately 400 investment manager clients, including 20 of the top 25 collateralized loan obligation managers by AUM, approximately 147 private equity and venture capital firms, over 23 fund administrators, and over 15 global commercial banks.
The Coral Gables, FL-based company was founded in 2007 and booked $120 million in revenue for the 12 months ended June 30, 2021. It plans to list on the NYSE under the symbol ALVU. Allvue Systems Holdings filed confidentially on April 30, 2021. Goldman Sachs, Barclays, Credit Suisse, Deutsche Bank, RBC Capital Markets, and Truist Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
