Allvue names Streetman as CEO

Dan Streetman has been appointed as CEO of Allvue Systems, following the departure of Mark Heimbouch earlier in the year.

Streetman joins from TIBCO Software where he was CEO. Previously he worked at BMC, Salesforce, and C3.ai.

Allvue’s executive leadership team has experienced notable changes in the last few years, since the company was formed in 2019 via the merger of Black Mountain Systems and AltaReturn. In February 2021, Morgan Stanley’s Paul Wasinger joined Allvue as CFO, replacing Brian Seldess, who had held the position since February 2020. That same month, Fidelity Information Systems’ James Black joined the company as COO, taking over from Erik DiGiacomo, who left the firm.

Commenting on his appointment, Streetman said, “The alternatives markets are more crowded and volatile than ever, and investment firms need innovative technology solutions to stay on top of their portfolios and ahead of the competition. Since its launch, I have seen Allvue emerge as a clear industry leader in providing best-in-class solutions, combining deep market understanding with a client focus to address and simplify the challenges that managers face. I am thrilled to join this impressive organization and work with the leadership team to bring Allvue into its next phase of growth and excellence.”

“Allvue has been on a remarkable growth trajectory, and I have the utmost confidence that Dan is the right leader to propel Allvue on its path forward,” said Nadeem Syed, senior managing director at Vista Equity Partners and chair of Allvue’s board.