CVC Capital Partners Signs With eFront for Superior Functionality & Enhanced Reporting

LONDON, December 16, 2010 - eFront, the leading European software provider of financial
solutions for alternative assets, is pleased to announce that CVC Capital
Partners ('CVC') has selected the FrontInvest platform to support its global
private equity operations.

Founded in 1981, CVC is a leading global private equity and
investment advisory firm, headquartered in Luxembourg with a network of 20
offices across Europe, Asia and the US and an aggregate of EUR10 billion in
available equity capital. To date, CVC has raised over EUR35 billion from a
diverse and loyal investor base, completing in total over 280 investments in
a wide range of industries and countries. Providing value and maintaining
investors' confidence has meant improving reporting processes and
transparency while preserving best practices without any business disruption.

The selection process took 9 months. The long list of
potential vendors was quickly reduced to 3 and then extensive workshops were
used to further validate how each could meet the needs of CVC. This was a
formal process involving key staff from CVC and the vendor side.

CVC decided to select FrontInvest Alternatives as it proved to
be the only solution to clearly demonstrate a wealth of functionality beyond
accounting and the ability to meet CVC's specific business requirements -
from CRM and fund raising to fund accounting and portfolio management.

"It soon became clear that eFront had the strongest solution
and the best people to handle the breadth and depth of this strategic
project," commented Tracey Davies, Director, Private Equity Administration at
CVC. "The company has an impressive history of successfully deployed
solutions and we received strong client references from several countries.
All in all, we not only appreciated the solution's flexibility but also the
professionalism of the eFront team."

Stuart Keeler, Managing Director at eFront Ltd., added: "We
faced all our competition during the selection process so we are very proud
to be the chosen provider. Our investment in the product and staff over the
past 2 years has clearly put us in a strong position to service General
Partners. CVC Capital Partners is obviously a very prestigious private equity
firm, owner of multiple awards in this industry. A lot of work has already
been accomplished by the teams at CVC and eFront and we look forward to a
long-term partnership."

About CVC Capital Partners

CVC Capital Partners ('CVC') is one of the world's leading
Private Equity and investment advisory firms. Founded in 1981, CVC now has a
network of 20 offices and over 230 employees throughout Europe, Asia and the
US. CVC Funds, raised from pension funds, financial institutions and various
other partners, seek to identify attractive investments and then develop
sustainable, long-term value in close partnership with management teams. The
CVC team's local knowledge and extensive contacts underpin a 29-year proven
track record of investment success. Thanks to its extensive international
presence, CVC excels at pulling together cross-border resources to assess
investment opportunities quickly and consistently, so allowing sound and
timely decisions to be made on questions of value. This is key both in deal
completion and in generating strong returns for investors. Today, CVC Funds
own 54 companies worldwide, employing over 400,000 people in numerous
countries. Together these companies have combined annual sales of over EUR80
billion.

CVC believes that effective ownership and management of a
company creates benefits for all stakeholders, from employees to customers,
suppliers to shareholders and the wider community at large. CVC actively
encourages its portfolio companies to respect all stakeholder groups and to
be responsible corporate citizens.

www.cvc.com

About eFront

eFront is a leading software provider of solutions dedicated
to the financial industry with a recognised 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 London, Paris (HQ), New York, Montreal, Dubai, Hong
Kong, Bonn and Jersey. eFront is a public company listed on NYSE Euronext.

www.efront.com

Paris, +33-1-49-96-40-60; New York, +1-212-220-0660; Montreal, +1-514-248-3787; London, +44-207-420-06-40; Dubai, +971-4-437-0740; Hong Kong, +852-2297-2856; Bonn, +49-228-323-04-0; Jersey, +44-153-461-09-69. info at efront.com