Taylor Wessing advises IGEFI on Summit Partners equity investment

Taylor Wessing has advised IGEFI Group, the foremost provider of software solutions to the investment funds industry, on its equity investment from Summit Partners, an international private equity firm.

The investment marks a partial recapitalisation that is set to position IGEFI for the next stage of its growth and to help this privately owned company execute its global expansion strategy.  In particular, IGEFI's MultiFonds products have experienced substantial growth, now operational in 20 countries and handling over $1 trillion of assets under administration each day.

The Taylor Wessing team advising IGEFI Group comprised corporate partner, David Mardle, and finance partner, Akmal Ghauri.

Arma Partners acted as financial advisor to IGEFI.