Enfusion Bolsters Presence in China with Wholly Foreign-Owned Enterprise

Creating Enfusion Shanghai underlines Enfusion's long-term commitment to supporting Asia-Pacific (APAC) investment managers and positions Enfusion to meet the growing demand among institutional and alternative investment management companies for comprehensive digital platforms to support domestic and global investments.

FREMONT, CA: Enfusion, the leading provider of cloud-based investment management software and services, has declared that they have formed a wholly foreign-owned enterprise (WFOE) in China (Enfusion (Shanghai) Co., Ltd "Enfusion Shanghai"), marking the first official step in the firm's expansion into mainland China.

Creating Enfusion Shanghai underlines Enfusion's long-term commitment to supporting Asia-Pacific (APAC) investment managers and positions Enfusion to meet the growing demand among institutional and alternative investment management companies for comprehensive digital platforms to support domestic and global investments. As evidenced by Enfusion's signing and onboarding of 24 new fund managers in APAC this calendar year, including 10 offshore funds of Chinese investors, APAC investment managers are committed to improving their technology stacks with solutions that mitigate risk as well as unlock efficiencies across their enterprise. Enfusion Shanghai will enable Enfusion to extend its best-in-class SaaS offering to reach mainland investment managers as well.

"After a record year of growth in the APAC region, Enfusion established Enfusion Shanghai to respond to the increasing demand for innovative, digital solutions among mainland Chinese and global investment managers," stated Thomas Kim, CEO of Enfusion. "We have been catering to the offshore Chinese market for years, helping our clients solve evolving and complex challenges with our cloud native-platform and managed services solutions. We are thrilled to be taking this next step in our journey and bring our best in class offering, which has been disrupting the global asset management ecosystem, to the mainland."