Par classe d'actifs
Paris, November 26, 2019 – eFront, the world’s leading technology solution for alternative investment management, announced today that Genesis Alternative Ventures, a venture lending firm, has selected eFront Invest for its loan management system.
As a specialist in debt financing for venture-backed startups, Genesis Alternative Ventures was seeking a loan management platform to improve productivity while minimizing manual error introduced by Excel spreadsheets. eFront Invest proved to be the best solution for their needs, allowing them to document client loan profiles and centralize all information in one location. Additionally, with new automation, Genesis can easily generate loan repayment schedules, minimizing the opportunity for errors and increasing overall efficiency.
Dr. Jeremy Loh, a Partner at Genesis, said, “What attracted us to eFront was the full end-to-end suite of product solutions that enable a fund manager to raise funds, originate deals and deploy capital, and return funds to the original fund investors. We look forward to partnering together and getting the most from the system”.
John White, Head of Professional Services APAC at eFront, commented, “We are pleased to welcome Genesis Alternative Ventures to our global eFront client base. With a long history and track record supporting clients within both equity and debt funds, eFront is looking forward to providing continuous support to ensure that all of Genesis’ needs will be well taken care of”.
Singapore-based Genesis Alternative Ventures is Southeast Asia’s first independent venture debt business. Genesis offers alternative debt financing for promising tech start-ups operating in Southeast Asia. Genesis Alternative Ventures was founded in 2018 by Ben J Benjamin, Dr Jeremy Loh, and Martin Tang.