Allvue Systems, the alternative investment technology solutions provider, has partnered with Mirador to assist limited partners (LPs) including endowments, foundations, and pensions to better manage their technology and operations.
Mirador will support clients utilising Allvue’s LP Portfolio Management solution, the firm’s fully integrated platform that enables LPs to perform front-, middle-, and back-office activities.
Mirador offers independent reporting services, data management, and technology advisory, utilising third-party reporting tools to help clients identify opportunities and risks within their portfolios.
LPs can optimise their data collection and aggregation systems through Mirador’s managed service, enabling them to increase their operational efficiencies, says Mirador.
The news of the partnership comes after Allvue launched its Private Equity and Venture Capital Essentials platform, a solution tailored to supporting emerging equity managers on accounting, reporting, and investor communications.
Ryan Keough, chief revenue officer at Allvue, says: “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. 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.”
Joseph Larizza, founder and managing partner at Mirador, comments: “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. We are excited to partner with Allvue around their comprehensive LP offering to help clients maximise their technology capabilities to improve efficiency.”