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Direct Investment  + M&As  |  December 19, 2024
Allvue Acquires PFA Solutions
By: Joe Palmisano

Allvue Acquires PFA Solutions

Allvue Systems, LLC has acquired PFA Solutions, a provider of specialized compensation solutions for alternative investment firms. The acquisition would combine PFA’s main SaaS platform, Firmview, with Allvue’s suite of alternative investment tools, strengthening Allvue’s position as a platform for alternative investors while also providing CFOs and finance teams with a more integrated solution for managing the fund lifecycle.

The inclusion of the PFA team will also serve to increase the firm’s capabilities and industry expertise, as well as enhance the range of technology solutions available to clients.

“We welcome the PFA team to Allvue, and the addition of their transformative technology around carried interest and compensation data to Allvue’s solutions, giving firms a single source of truth for funds and employees,” says Marc Scheipe, CEO of Allvue Systems.

Headquartered in Miami and backed by private equity firm Vista Equity Partners, Allvue has $7 trillion in assets under management on its platform, and $1 trillion in assets through PFA’s platform.

Janney Montgomery Scott, LLC was a buyside advisor on the transaction.

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Allvue SystemsPFA Solutions

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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