Allvue Systems partners with PitchBook for data services
28 January 2022 UK
Image: ZinetroN
Alternative investment technology solutions provider Allvue Systems (Allvue) has partnered with PitchBook to provide its clients with further access to global private market data and analyst insights.
The offering will be available to limited partners (LPs) including fund of funds, endowments, and pensions.
Through this partnership, Allvue’s clients will have access to PitchBook’s Private Market Benchmarks as a part of the Allvue LP Portfolio Management (LPPM) solution, the firm’s fully integrated platform that enables LPs to perform front-, middle-, and back-office activities.
LPs who opt to utilise the add-on LP Analytics module will be able to benchmark their alternative investment portfolios against PitchBook data, helping to streamline portfolio management.
These added resources will provide a more comprehensive picture of the alternatives markets so LPs can execute on opportunities with increased confidence and efficiency, says Allvue.
The partnership comes a year after Allvue launched the LP Portfolio Management and Fund Performance & Portfolio Monitoring solutions to enhance its end-to-end product suite in an effort to simplify and enhance data management.
Commenting on the initiative, Mark Heimbouch, CEO of Allvue, says: “This partnership with PitchBook provides significant enhancements to our LPPM solution, enabling easy, integrated access to crucial industry data for performance benchmarking and key investment decision making.”
Joanna McGinley, vice president of PitchBook and Morningstar strategy, says: “LPs require a full view of financial market activity to evaluate allocation decisions, track performance and generate returns, especially as the private markets continue to grow and mature. Through this partnership, Allvue’s LPPM clients will have access to PitchBook’s expansive fund performance data and benchmarks, which combine comprehension, timeliness, and transparency to streamline LP workflows and help form winning investment strategies.”
The offering will be available to limited partners (LPs) including fund of funds, endowments, and pensions.
Through this partnership, Allvue’s clients will have access to PitchBook’s Private Market Benchmarks as a part of the Allvue LP Portfolio Management (LPPM) solution, the firm’s fully integrated platform that enables LPs to perform front-, middle-, and back-office activities.
LPs who opt to utilise the add-on LP Analytics module will be able to benchmark their alternative investment portfolios against PitchBook data, helping to streamline portfolio management.
These added resources will provide a more comprehensive picture of the alternatives markets so LPs can execute on opportunities with increased confidence and efficiency, says Allvue.
The partnership comes a year after Allvue launched the LP Portfolio Management and Fund Performance & Portfolio Monitoring solutions to enhance its end-to-end product suite in an effort to simplify and enhance data management.
Commenting on the initiative, Mark Heimbouch, CEO of Allvue, says: “This partnership with PitchBook provides significant enhancements to our LPPM solution, enabling easy, integrated access to crucial industry data for performance benchmarking and key investment decision making.”
Joanna McGinley, vice president of PitchBook and Morningstar strategy, says: “LPs require a full view of financial market activity to evaluate allocation decisions, track performance and generate returns, especially as the private markets continue to grow and mature. Through this partnership, Allvue’s LPPM clients will have access to PitchBook’s expansive fund performance data and benchmarks, which combine comprehension, timeliness, and transparency to streamline LP workflows and help form winning investment strategies.”
← Previous data services article
London CIV picks CACEIS solution for transparency and benchmarking services
London CIV picks CACEIS solution for transparency and benchmarking services
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times