AlternativeSoft vs eVestment
A side-by-side comparison of AlternativeSoft and eVestment — two options for lp reporting & investor relations. Pricing, features, and honest pros and cons.
Category
LP Reporting & Investor Relations
LP Reporting & Investor Relations
Rating
4.1 / 5
4.2 / 5
Pricing
Enterprise / Custom
Enterprise / Custom
Best for
Fund-of-funds and allocator teams selecting managers systematically
Managers courting consultant-driven institutional mandates
Key features
- Unified database spanning 500,000+ mutual, hedge and PE funds
- Screening with 4,000+ quantitative criteria and peer benchmarking
- Portfolio construction with optimization and stress testing
- AI-powered due diligence questionnaire automation
- Automated branded reporting and fact sheets
- Institutional manager database with self-reported performance
- Screening and peer analytics for allocators and consultants
- Market intelligence on institutional flows and search activity
- Private markets performance and benchmarking tools
- Profile analytics showing who is viewing your firm
Pros
- Consolidates the major fund databases into one screening layer
- Two decades of trust with pensions, endowments and consultants
- ODD automation genuinely shortens manager-selection cycles
- Where consultant-intermediated searches actually happen
- Intelligence on who screened your firm supports IR targeting
- Nasdaq ownership brings stability and data governance
Cons
- Built for allocators — GPs get read-only insight into the process
- Coverage skews to hedge funds and liquid alternatives over early-stage VC
- Rooted in traditional and hedge strategies; venture is a smaller slice
- Meaningful cost and upkeep for a marketing-adjacent database entry