Share this article Share this article NEW YORK and LONDON and HONG KONG, July 7, 2021 /PRNewswire/ -- Enfusion, the leading provider of cloud-based investment management software and services, announced today 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. Establishing Enfusion Shanghai reaffirms Enfusion's long-term commitment to serving investment managers in Asia-Pacific (APAC) and positions Enfusion to support the increasing demand among institutional and alternative investment management firms for robust digital platforms to support domestic and global investments. APAC investment managers are committed to enhancing their technology stacks with solutions that mitigate risk and unlock efficiencies across their enterprise, as evident from Enfusion's signing and onboarding of 24 new fund managers in APAC so far this calendar year, including 10 offshore funds of Chinese investors. Operating through Enfusion Shanghai, Enfusion will be able to extend its best in class SaaS product to serve mainland investment managers as well.