![]() This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Its celebrity clients reportedly range from actors Ashton Kutcher and Justin Timberlake to CEOs Mark Zuckerberg of Facebook (NASDAQ:FB) and Jack Dorsey of Twitter (NYSE:TWTR).Īs for Enfusion (ENFN), Seeking Alpha contributor Donovan Jones recently analyzed the company and wrote that "the firm's growth rate indicates it is competing quite well." Iconiq is particularly well known for overseeing a wide range of business and entertainment titans' personal portfolios. "Our solution is designed to eliminate technology and information barriers, empowering investment managers to confidently make and execute better-informed investment decisions in real time."ĮNFN currently has some 635 clients, as well as pre-IPO backers that include entities affiliated with FTV Capital, Hillhouse Capital and Iconiq Capital. "Enfusion is a global high-growth software-as-a-service provider focused on transforming the investment management industry," the company wrote in its filing. The fintech makes end-to-end software solutions for financial firms, covering everything from filling customers' orders to generating their statements. That will rise to about $253.3M if underwriters fully exercise their overallotment options.ĮNFN wrote in its S-1 that it intends to use the money to buy out pre-IPO investors' common units, as well as to repay debt, cover some taxes and keep the balance for general corporate purposes. ENFN wrote in its S-1 that that arrangement will give insiders and pre-IPO backers some 83.4% of the company's voting power.Īll in, the initial public offering will reportedly value ENFN at about $1.9B.ĮNFN added that it expects to net $230.5M if the IPO prices at a midpoint $16/share. Enfusion (ENFN) also has Class B stock for insiders and early investors.īoth types of shares will carry one vote apiece, but Class A and B stockholders will vote as a class on company matters. The company added in its S-1 that Dragoneer Investment Group and pre-IPO backer Iconiq Capital have expressed a nonbinding interest in acquiring up to 20% of the Class A shares. Some 1.5M will come from the company, with pre-IPO investors providing up to 1.3M more. Pre-IPO investors intend to sell the rest − approximately 3.4M shares.ĮNFN and its pre-IPO backers have also granted underwriters the option to buy as many as about 2.8M additional Class A shares for overallotments. The firm, which plans to list on the New York Stock Exchange under the ticker symbol "ENFN," will provide about 15.3M Class A shares of the total. Securities and Exchange Commission that the company and certain pre-IPO investors plan to offer the public roughly 18.8M Class A shares within a $15-$17/share range. (ENFN) released specifics Tuesday for an IPO that's expected to value the fintech at some $1.9B.Įnfusion (ENFN) wrote in a revised S-1 filed with the U.S. PMS module offers portfolio managers, traders, compliance teams and analysts the ability to electronically communicate trade orders.Įxecutive Director & Head-Investor Relationsįinancial Technology Ventures Management Co.Investment-software firm Enfusion Inc. PMS able to comprehensively construct and re-balance investment portfolios, this system generates a real-time investment book of record. Its solution’s end-to-end functionality includes Portfolio Management System (PMS), Order and Execution Management System (OEMS), Accounting/General Ledger System and Enfusion Analytics System. The Company’s solution, comprised of mission critical systems integrated with a suite of technology-powered, managed services, serves the full investment lifecycle, drives insights into and control over the business activities of the investment manager and investment operations. The products and services that comprise its solution are designed to enable investment managers to take investment decisions in real time. is a software-as-a-service (SaaS) provider focused on transforming the investment management industry.
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