Addepar, a technology and data platform for investment professionals, announced the launch of Alts Data Management, Private Fund Benchmarks, and cash flow forecasts in Navigator.
These capabilities are reportedly built to enhance data-driven decision-making and boost operational efficiency for “advisors and institutions managing complex portfolios with alternative investments.”
With the market for alternatives growing, Addepar explains that it equips its clients to navigate this “landscape of strategies, managers and vehicles with precision.”
Supporting client firms managing and advising on “more than $7 trillion” in assets—40% of which are alternative investments—Addepar continues to deliver “visibility into multi-asset portfolios for the world’s family offices, RIAs, private banks, wealth management franchises and institutions.”
Addepar Alts Data Management simplifies the complexities of managing alternatives by collecting and “extracting key information from a range of alternatives documents including capital account statements, distribution notices, and capital calls.”
Combining AI technology with human verification by trained analysts, it automates workflows to “increase efficiency, ensure high data accuracy, and provide a timely view of private fund investments within the Addepar platform.”
Addepar’s Private Fund Benchmarks offer quarterly and since inception performance data to help advisors and institutions analyze, report, monitor, and identify key performance drivers in their private fund investments.
Built from aggregated and anonymized data within the Addepar platform, the benchmarks are constructed “using robust cash flow data from approximately 12,000 funds, 4,400 managers, and 115,000 Limited Partner (LP) positions and have been academically vetted.”
Private Fund Benchmarks empower investors “to refine strategies and gain deeper insights into private market performance.”
Addepar Navigator now features private fund cash flow forecasts that leverage a new “aggregated and anonymized dataset of capital calls and distributions from across the Addepar platform.”
With built-in assumptions based on actual historical cash flows, clients can generate forecasts “based on real investment patterns across alternative positions including private equity, venture capital, and private debt.”
Addepar’s dedication to innovation is said to be evident in the “launch of Alts Data Management, Private Fund Benchmarks, and cash flow forecasts in Navigator.”
With over 50% of its global team focused on technology and data, the company is committed to “providing long-term value and empowering its partners to achieve their investment goals in the dynamic alternative asset landscape.”
As covered, Addepar is a technology and data company that helps investment professionals provide “the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade.”
With client presence in more than 45 countries, Addepar’s platform aggregates portfolio, market and client data for over “$7 trillion in assets.”
Addepar’s open platform integrates with software, data and services partners to deliver a “complete solution for a wide range of firms and use cases.”
Addepar says that it maintains a global flexible workforce model with “offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh and Pune.”
