Considering AlternativeSoft as an alternative to PerTrac, eVestment, Preqin, PitchBook or Bloomberg? Here’s how the platforms compare on database coverage, analytics, AI features and pricing.
Migration from Legacy Tools
Why allocators choose AlternativeSoft
The problem
PerTrac runs on the desktop. eVestment is long-only-focused. Preqin doesn’t optimise. Bloomberg PORT isn’t built for alternatives.
All asset classes
Hedge · PE · venture · public · fixed income
AI workflows
90% time saved on DDQs · auto-fact-sheets
Cloud-native
Browser-based · real-time team collaboration
How the leading institutional fund analytics platforms stack up across the features that matter most to allocators.
| Feature | AlternativeSoft | PerTrac | eVestment | Preqin |
|---|---|---|---|---|
| Hedge fund database (500k+ funds) | Yes — full universe | Limited | Long-only focus | Yes |
| Private equity & venture coverage | Full + integrations | Limited | Limited | Yes — core focus |
| 4,000+ risk & performance metrics | Yes | Yes (legacy) | Yes | Partial |
| Mean-variance & risk parity optimisation | Yes — fully integrated | Basic | Limited | No |
| Stress testing & scenario analysis | Yes — multi-regime | Limited | Limited | No |
| AI-powered DDQ completion | Yes — 90% time saved | No | No | No |
| Peer group analysis (custom universes) | Yes | Basic | Yes (consultant focus) | Yes (PE vintages) |
| Branded investor & IC reporting | Yes — 1-click | Manual | Limited | Manual |
| Cloud-native architecture | Yes | Legacy desktop | Web-based | Web-based |
| Data provider integrations | 10+ (Bloomberg, eVestment, Preqin…) | Few | Internal data | Internal data |
| API access | Yes | Limited | Yes | Yes |
Comparison reflects our understanding of competitor offerings as of 2025. Capabilities of competing platforms may have evolved — we encourage you to verify with each vendor directly.
Three common reasons institutional allocators move from legacy tools to AlternativeSoft.
Legacy platforms don't have AI DDQ completion. AlternativeSoft saves 90% of analyst time on routine due diligence tasks.
Hedge, PE, venture and public markets in one place — no more juggling PerTrac for hedge, Preqin for PE and Bloomberg for public.
Browser-based. Always up to date. No installs, no version mismatches. Your team collaborates in real time.
Yes. AlternativeSoft is widely used by allocators migrating from PerTrac because it offers a broader fund database (500,000+ funds across hedge, mutual, PE and venture), a more powerful optimisation engine, cloud architecture and AI-powered due diligence — features PerTrac lacks or has limited support for.
eVestment is strong for traditional institutional manager research and primarily focused on long-only and consultant workflows. AlternativeSoft covers the full alternatives universe (hedge, PE, venture) with deeper portfolio construction and AI due diligence — and integrates eVestment data alongside other sources.
AlternativeSoft integrates Preqin data and adds portfolio construction, J-curve modelling, IRR/TVPI/DPI tracking and AI-powered due diligence on top — so you get Preqin's data with full analytics and workflow.
Bloomberg PORT is excellent for liquid public markets analytics. AlternativeSoft is built specifically for alternatives — hedge funds, PE, venture — with manager research, peer benchmarking and operational due diligence integrated. Many allocators use both.
Pricing depends on team size and modules. AlternativeSoft is typically priced competitively against PerTrac and eVestment for institutional allocators, with no per-seat surprises. Request a quote for your specific use case.
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