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Enfusion Announces Tarek Hammoud�s Retirement

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Enfusion, Inc. ("Enfusion") (NYSE: ENFN), a leading provider of cloud-native investment management software and services, today announced that founder Tarek Hammoud is retiring and will step down as a member of Enfusion�s Board of Directors.

�Tarek has been a great partner in making Enfusion what it is today, and we would not have accomplished the things that we have without his vision, talent, focus, and energy,� said Thomas Kim, Chief Executive Officer of Enfusion. �It has been a great experience working alongside him to accelerate our achievements and create strong momentum for the company. I am excited for Tarek. He has worked incredibly hard and deserves the opportunity to spend more time with his family. I am looking forward to working with our executive leadership team to continue to expand on the original vision and to execute on our strategic initiatives.�

"Since founding Enfusion more than 25 years ago, the company has become a major disruptor in the investment management software industry,� said Hammoud. �I'm incredibly proud of what we have accomplished to date and am excited to see the company�s accomplishments yet to come. We have spent the last few years building an executive team and technology team intended to make my eventual transition smooth and orderly. I leave Enfusion in good hands, knowing that the Board, Thomas and Enfusion�s leadership team will continue to build and enhance the company�s strong market position. Their combined experience, knowledge and passion, as well as that of the current Board, will undoubtedly propel the organization to new heights.�

Enfusion�s other board members include: Thomas Kim; Brad Bernstein, Managing Partner of FTV Capital; Larry Leibowitz, former COO and Board member of NYSE Euronext; Oleg Movchan, Founder and Managing Partner at Gimel Tech Venture; Kathleen DeRose, Clinical Associate Professor of Finance (FinTech) at Stern School of Business (NYU); Roy Luo, Partner at ICONIQ Growth; and Jan Hauser, formerly of GE and PwC.

About Enfusion

Enfusion's investment management software-as-a-service platform removes traditional information boundaries, uniting front-, middle- and back-office teams on one, cloud-native system. Through its software, analytics, and middle/back-office managed services, Enfusion creates enterprise-wide cultures of real-time, data-driven intelligence, boosting agility, and powering growth. Enfusion partners with 650+ investment managers from 10 global offices spanning four continents.

Source: Enfusion, Inc.

Source Code: ENFN-IR

ENFN-CORP

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