AlternativeSoft
Fund selection and portfolio construction analytics for allocators
4.1Enterprise / CustomBest for Fund-of-funds and allocator teams selecting managers systematically
Allocator Analytics Fund Selection Due Diligence
Overview
AlternativeSoft, founded in 2005, is the analytics platform allocators use to screen, select and monitor fund managers, aggregating Bloomberg, Morningstar, Preqin and eVestment feeds into one database of 500,000+ funds. Institutions managing over $1.5T run peer analysis, portfolio optimization and AI-assisted operational due diligence on it. GPs raising a fund should know it — this is the machinery your track record gets fed through on the other side of the table.
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
- Natural-language fund queries via AI assistant integrations
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
Cons
- Built for allocators — GPs get read-only insight into the process
- Coverage skews to hedge funds and liquid alternatives over early-stage VC