Performance through Innovation

Alternative InvestmentsSolution for Limited Partners

For more information: www.efront.comrequest@efront.com

Pension FundsGovernment FundsSovereign FundsFamily OfficesBanksInsurance Companies

FrontInvest Alternatives

FrontInvestTM Alternatives

Key benefits■ Solutions delivering best practices

of the alternative asset industry

■ Multiple asset class solutions

■ Solutions covering the range of business activities from investment teams to accounting

■ Specific solutions for venture capital, private equity, mezzanine, or any combination thereof

■ Operational and business risk management

■ Elimination of time consuming, error-prone manual work

■ Centralization and management of all investment related documents

■ Tracking of deals and due diligence processes

FrontInvest is a Web based solution offering an integrated platform for solutions covering front-, middle-, and back-office operations across the alternative asset industry.

Benefits for Each Type of Limited Partner

FrontInvest is designed to offer an integrated platform to handle the business operations of limited partners, from pipeline management and due diligence review, to operational controls, and to the creation of account postings.

Flexibility

FrontInvest comes with a standard configuration developed from alternative asset industry best practices. This standard configuration is flexible and enables clients to customize to bespoke specifications, and facilitates the incorporation of each principal investor’s added business requirements.

Coverage for Each Alternative Asset Class

FrontInvest centralizes information in a single database and this information is shared across its modular platform; this allows for flexibility in deploying and customizing solutions for clients. Both equity and debt instruments are supported, enabling business users to address any type of alternative investment.

Below is a set of examples of the solutions; any combination of these can be deployed:

Private Equity: Venture capital, leverage buyout, mezzanine

Infrastructure and Real Estate Funds

Fund of Funds: Private equity, venture capital, mezzanine, real estate funds

Fund of Hedge Funds

Modular Approach

eFront recognizes that each client is unique and therefore FrontInvest’s modular architecture enables each client to choose (mix and match) the solutions that will ultimately be deployed to fulfill bespoke functional requirements.

Simplify the Front-Office ProcessShare Information with CRM and Document Management

FrontInvest enables the centralization of contact information and documents. Additionally, any user can quickly view business interactions, meetings, and tasks across an entire organization, aiding in the streamlining of business processes, such as investor relations, pipeline management, and portfolio management. To avoid the duplication of contact information, and the duplication of manual effort, FrontInvest can be synchronized with Microsoft Outlook and Exchange.

Manage the Deal Flow and Analyze Target Investments

The Deal Flow module enables the management of the investment pipeline, allowing each partnership to track any number of offerings and customize any number of pipelines. Clients can replicate their real-world business activities and the general day-to-day due diligence processes, such as managing the stages of investment review; tracking comparable analysis and performance over time; tracking sources and uses in tables; managing underwriting cases and terms; managing contact and relational management information, tasks, and reminders; scheduling meetings; and generating pipeline reports.

Pipeline reports can be customized and displayed as online dashboards reporting portfolio positions in real time by asset class, vintage, strategy, or any other criteria.

Solution for Limited Partners

Key benefits■ Cash flow management

■ Performance enhancement with powerful cash flow forecasting

■ Validation and monitoring of compliance and regulatory constraints

■ Management of complex investment structures

■ Management of multi-currency and multi-asset transactions

■ Automation of waterfalls and fees

Client Testimonial

“Our former systems for private equity and real estate investments were based on dated technology, and did not have the capability to support our growth and our increasingly complex investment operations. We needed a Web based, scalable solution with the functionality to cover both classes of assets in an integrated manner.”

Monitor Cash Flow to Pilot the RisksRisk Monitoring

FrontInvest business solutions enable the automation of certain business processes and make use of best practice solutions, thereby contributing to monitoring and reducing operational risk. With its cash flow forecasting abilities, described below, FrontInvest Alternatives enables forecasting simulations, thus further reducing business risk.

Investors can browse assets to view positions and track portfolio IRR exposure to currency, area, industry, investment type, investment stage, or any other available category. Furthermore, performance reports can be built, benchmarking portfolio investments against indexes. Additionally, operational reports measuring business metrics, such as measuring the duration of each task, or time between stages of review, can aid in assessing pain points in a client’s pipeline management. Moreover, allocation and constraint rules can be tracked to assess compliance risk.

Cash Flow Forecasting

With FrontInvest’s Cash Flow module, it is possible to forecast cash flow by asset allocation and improve potential performance by monitoring the J–curve and building liquidity options in an illiquid market. Cash flow forecasting can be done utilizing scenarios, foreign exchange models, and crisis or stress scenarios, thus providing a variety of tools to measure the impact of potential events on future cash flows.

FrontInvest’s Cash Flow module can improve asset allocation by simulating the impact of new investments. Therefore, overall performance can be improved by building and defining potential liquidity options on current and future investments.

Measure Portfolio PerformanceTrack and Monitor Investments

FrontInvest enables limited partners to track both fund information and portfolio company information. Other information, such as co-investment information, can also be stored, allowing a complete view of the portfolio.

Analyzing individual portfolio positions across multiple underlying funds aids limited partners in assessing exposures to sectors and portfolio funds. FrontInvest can tailor complex business transactions for direct and fund investments, including complex loan structures and real estate specific investments.

Monitor Performance

FrontInvest offers a set of dashboards for managing directors where real-time information can be displayed for analysis and reporting. FrontInvest’s reporting capability facilitates ongoing performance management and reports. At any level of the investment structure performance metrics, such as IRRs, can be calculated and customized, such as IRRs with fees or net of fees.

Facilitate Back-Office OperationsGenerate Accounting Entries

FrontInvest’s Accounting module handles clients’ business transactions and the operations of an accounting team. The Accounting module allows the concurrent implementation of multiple charts of accounts in order to comply with respective national and international standards.

FrontInvest offers a multi-currency solution capable of automating business transactions. All accounting entries can be generated automatically by FrontInvest or can be inputted manually. Accounting entries can then be reviewed and validated. A set of accounting reports can then be generated automatically.

FrontInvest solutions are specifically designed for alternative asset investors. Quality and performance are essential in the alternative asset industry. To that end, FrontInvest aids principal investment firms in staying abreast of investor demands, external regulations, and the competition. FrontInvest’s benefits are applicable to private equity, real estate investments, fund of funds, and fund administrators.

FrontInvest Technical InfrastructureFrontInvest is a pure Web solution, accessible through Internet browsers, and uses standard Internet protocols. The underlying architecture is a sophisticated platform that makes use of Microsoft.NET software, an industry-standard platform, and draws upon relational databases (Oracle or MS SQL). FrontInvest can easily be installed at client sites or hosted by eFront.

Other Available SolutionsFrontInvest Alternatives for Limited Partners/Pension and Sovereign Funds is one of the many solutions offered by FrontInvest Alternatives. Other solutions include:

■ FrontInvest Alternatives for General Partners investing in direct private equity■ FrontInvest Alternatives for Fund of Funds■ FrontInvest Alternatives for Real Estate Investments■ FrontInvest Alternatives for Infrastructure Investments■ FrontInvest Alternatives for Fund Administrators■ FrontInvest Alternatives for Fund of Hedge Funds■ FrontInvest Alternatives Cash Flow Forecasting and Risk Management

United States 11 East 44th StreetSuite 700New YorkNY 10017Tel: +1 212 220 0660

Canada 1010, rue Sherbrooke OuestSuite 1512Montreal (Quebec), H3A 2R7Tel: +1 514 360 3477

United Kingdom 44A Floral Street, Covent GardenLondon, WC2E 9DATel: +44 207 420 06 40

France (HQ)2/4, rue Louis DavidParis, 75116Tel: +33 1 49 96 40 60

UAE eFront FZ LLCAl Shatha TowerDubai, PO Box 502736Tel: +971 4 437 0740

Hong Kong8/F Two Exchange Square,8 Connaught PlaceCentralHong KongTel: +852 2297 2856

Germany An der Marienkapelle 12Bonn, D-53179Tel: +49 228 323 04.0

Channel Islands Olton House, 11/13 New StreetSt HelierJersey, JE2 3RATel: +44 153 461 09 69

FrontInvest Alternatives

About eFront

eFront is a leading software provider of solutions dedicated to the financial industry with a recognized expertise in Alternative Investments and Risk Management. eFront’s solutions serve over 200 customers in more than 30 countries, including major companies in the Private Equity, Real-Estate Investment, Banking, and Insurance sectors. Founded in 1999, eFront has offices in New York, Montreal, London, Paris (HQ), Dubai, Hong Kong, Bonn, and Jersey. eFront is a public company listed on NYSE Euronext.

www.efront.com

Copyright © 2010 eFront. All rights reserved.