Allvue and Preqin partner for portfolio benchmarking
14 June 2022 UK
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Alternative investment technology solutions provider Allvue Systems has partnered with Preqin to strengthen the benchmarking capabilities of its limited partner (LP) and general partner (GP) client base.
Under the partnership, clients will be able to benchmark their alternative investments and portfolios against Preqin’s data to enhance portfolio management and decision-making.
Allvue’s clients can utilise private benchmarks through the LP Portfolio Management solution (LPPM). This end-to-end solution enables investors to manage and analyse alternative investments, transactions and documents within one centralised solution.
In addition, the Fund Performance and Portfolio Monitoring (FPPM) solution is a cloud-based platform that provides GPs with fully-integrated analytics, reporting and dashboarding tools.
The integration of Preqin’s data into the LPPM and FPPM solutions is part of Allvue’s wider strategy to create a partner network of data providers and expand benchmarking capabilities.
Commenting on the partnership, Yuriy Shterk, chief product officer at Allvue, explains: “As investors expand their allocations to alternatives and face increased reporting requirements in the space, it is essential that they have access to data that supplies a holistic view of their investment portfolios’ performance. Our latest partnership with Preqin will provide these insights, ensuring that our clients can seamlessly track against industry metrics and make informed investment decisions.”
Matthew Price, senior vice president and head of LP at Preqin, adds: “We are excited to partner with Allvue to offer LPs and GPs an extensive, holistic view of alternative investment markets. Our leading industry data will enable Allvue’s LP and GP clients to better understand their portfolio performance, track emerging trends and benchmark their fund performance.”
Under the partnership, clients will be able to benchmark their alternative investments and portfolios against Preqin’s data to enhance portfolio management and decision-making.
Allvue’s clients can utilise private benchmarks through the LP Portfolio Management solution (LPPM). This end-to-end solution enables investors to manage and analyse alternative investments, transactions and documents within one centralised solution.
In addition, the Fund Performance and Portfolio Monitoring (FPPM) solution is a cloud-based platform that provides GPs with fully-integrated analytics, reporting and dashboarding tools.
The integration of Preqin’s data into the LPPM and FPPM solutions is part of Allvue’s wider strategy to create a partner network of data providers and expand benchmarking capabilities.
Commenting on the partnership, Yuriy Shterk, chief product officer at Allvue, explains: “As investors expand their allocations to alternatives and face increased reporting requirements in the space, it is essential that they have access to data that supplies a holistic view of their investment portfolios’ performance. Our latest partnership with Preqin will provide these insights, ensuring that our clients can seamlessly track against industry metrics and make informed investment decisions.”
Matthew Price, senior vice president and head of LP at Preqin, adds: “We are excited to partner with Allvue to offer LPs and GPs an extensive, holistic view of alternative investment markets. Our leading industry data will enable Allvue’s LP and GP clients to better understand their portfolio performance, track emerging trends and benchmark their fund performance.”
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