Comparison

Looking for a Preqin Alternative?

Preqin is the leading private equity and alternatives data provider. AlternativeSoft is an analytics platform that connects to Preqin data alongside Bloomberg, eVestment and HFR — adding portfolio construction, AI-powered due diligence and automated reporting that Preqin data alone cannot provide. Many institutions use both together; others choose AlternativeSoft as the complete analytics layer.

Comparing:Fund DatabasePE AnalyticsHedge Fund AnalyticsDue DiligencePortfolio ConstructionReporting
Trusted by
Aberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestionLyxor Asset ManagementKedge CapitalLumyna InvestmentsProgressive CapitalAberdeen Asset ManagementAllianceBernsteinBNP ParibasBessemer TrustRaiffeisen Capital ManagementUnigestion
Quick Verdict: Preqin and AlternativeSoft serve complementary functions. Preqin is a premium private equity and alternatives data provider. AlternativeSoft is an analytics platform that connects to Preqin data and adds portfolio construction, peer group analysis, AI-powered due diligence and automated reporting on top of it.
Platform Overview

Data Provider vs Analytics Platform — Complementary Roles

Preqin provides the data; AlternativeSoft provides the analytics that bring that data to life.

AlternativeSoft is an institutional investment analytics platform that connects to Preqin data alongside Bloomberg, eVestment, HFR and other providers — providing peer group analysis, portfolio construction, AI-powered due diligence and automated reporting across the full alternatives universe.

Integrates Preqin DataAnalytics PlatformAI Due DiligencePortfolio ConstructionMulti-Provider Database

Preqin is the leading data provider for private equity, hedge funds, real estate and infrastructure. Exceptional data coverage and benchmarking intelligence; not an analytics platform for portfolio construction, due diligence automation or automated reporting.

PE & Alternatives DataBenchmarking DataLP/GP IntelligenceLimited Portfolio AnalyticsNo AI Due Diligence
150+
Institutional Clients
Worldwide
$1.5tn+
AuM Managed by
Our Clients
500k+
Funds in Our
Database
20+
Years of Excellence
Since 2005
Feature Comparison

AlternativeSoft vs Preqin: Analytics vs Data Coverage

Understanding what each platform contributes to the institutional investment workflow.

Feature / Capability AlternativeSoft Preqin
Private Equity Fund Database
Hedge Fund Data Coverage
PE Performance Benchmarking
IRR / TVPI / DPI / PME Calculation
Portfolio Construction & Optimisation
Peer Group Analysis (Hedge Funds)
4,000+ Risk-Adjusted Statistics
AI-Powered DDQ Completion
ODD Workflow Management
Automated IC Reporting
Performance Attribution
Factor & Style Analysis
White-Label Fund Fact Sheets
Power BI Connector
GP Track Record Intelligence
Which Platform Is Right for You?

AlternativeSoft or Preqin — How They Fit Together

Choose AlternativeSoft if you need…

  • Analytics platform adding value on top of Preqin and other data subscriptions
  • AI-powered DDQ completion and ODD workflow management
  • Portfolio construction, optimisation and multi-factor risk monitoring
  • Automated IC reporting and governance documentation
  • Hedge fund analytics alongside private equity coverage

Preqin may suit you if…

  • You primarily need a private equity and alternatives data subscription
  • Your focus is LP/GP intelligence, deal flow data and fundraising research
  • You need Preqin's proprietary benchmarking data and market intelligence
  • You do not yet require an analytics platform beyond data access
Switching to AlternativeSoft

Adding AlternativeSoft Analytics to Your Preqin Subscription

Most AlternativeSoft clients retain their Preqin subscription. AlternativeSoft connects to Preqin data via API and adds analytics on top.

01

Connect Preqin Data

Your Preqin subscription connects directly to AlternativeSoft via API. All your Preqin fund data is available within AlternativeSoft immediately.

02

Add Portfolio Analytics

Unlock portfolio construction, AI-powered due diligence, peer group analysis and performance attribution on top of your Preqin data.

03

Automate Reporting

Generate IC reports, fund fact sheets and risk summaries automatically from your combined Preqin and multi-provider data in AlternativeSoft.

Client Testimonials

Trusted by 150+ Leading Institutions

AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. An intuitive platform that is additive to our processes.

Aberdeen Asset Management
Head of Risk Management
★★★★★

A practical and user-friendly tool used as part of our portfolio construction and risk management process. Their extensive support and responsiveness provides real added value.

AllianceBernstein
Co-head, Risk Management & Portfolio Construction
★★★★★

From statistical analysis on a single hedge fund to portfolio construction, risk analysis and stress testing — one of the most effective and intuitive tools I have handled.

BNP Paribas
Hedge Fund Solutions
★★★★★
Best Risk Management Software
Hedgeweek — 4 Consecutive Years
Best Portfolio Analytics Platform
HFM European Awards
10+ Industry Awards
Recognised since 2005
ISO & GDPR Compliant
Enterprise-grade Security
FAQ

Frequently Asked Questions

AlternativeSoft is a leading complement and alternative to Preqin for institutional allocators. Where Preqin is primarily a data provider, AlternativeSoft is an analytics platform that integrates Preqin data alongside Bloomberg, eVestment, HFR, Morningstar and Pitchbook — adding portfolio construction, peer group analysis, AI-powered due diligence and automated reporting. Many institutions use both; others use AlternativeSoft as a more affordable, analytics-rich alternative.
Preqin is the leading source of private equity benchmarking data. AlternativeSoft is an analytics platform that connects to Preqin data and adds portfolio construction, IRR/TVPI/PME calculation, peer group analysis and automated reporting. Most institutions use both — Preqin as the data source, AlternativeSoft as the analytics layer.
Yes. AlternativeSoft integrates with Preqin data via API alongside Bloomberg, eVestment, HFR, Morningstar and Pitchbook. Your Preqin data subscription feeds directly into AlternativeSoft's unified 500,000+ fund database.
AlternativeSoft calculates gross and net IRR, TVPI, DPI, RVPI, MOIC and PME (Kaplan-Schoar, modified PME and PME+) using Preqin and other data sources. Preqin provides the benchmark data; AlternativeSoft provides the calculation engine and portfolio analytics on top.
It depends on your needs. If your primary requirement is Preqin's proprietary LP/GP intelligence, fundraising data and PE market research, the platforms are complementary. If you need analytics, portfolio construction and due diligence workflow on top of fund data, AlternativeSoft can deliver those without a Preqin subscription using its 500k+ fund coverage and other data integrations.
Pricing for both platforms varies by usage, modules and client size. AlternativeSoft uses modular pricing — clients pay for the capabilities they actually use. Contact AlternativeSoft to discuss a package that fits your team's scope and budget.
AlternativeSoft has deeper hedge fund coverage and hedge-fund-specific analytics — peer group analysis, style and factor analysis, drawdown attribution and 4,000+ risk-adjusted statistics — through native integration with HFR, eVestment, Bloomberg and other hedge fund data sources alongside Preqin.
Most clients are running in 2 to 4 weeks. AlternativeSoft's onboarding team handles the integration with your existing Preqin subscription via API, configures factor models, and migrates existing portfolios. Dedicated implementation support is included.
Request a Demo

See AlternativeSoft
in Action

Join 150+ institutional investors who rely on AlternativeSoft to select and monitor funds. Book a personalised demo with our team today.

  • Live walkthrough of the full platform
  • Tailored to your asset class — hedge funds, mutual funds or private markets
  • Q&A with our investment analytics specialists
  • Free trial access available following the demo
  • Dedicated onboarding and implementation support
Hedgeweek Best Risk Management Software — voted by clients 4 years running
Data integrations include:
BloombergeVestmentMorningstarPreqinPitchbookHFR

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