AlternativeSoft is portfolio management software for allocators who invest through funds. Research 500,000+ hedge funds, private markets funds, mutual funds and ETFs, construct and optimise multi-asset portfolios, measure risk and attribution, complete due diligence with AI and automate committee reporting in one platform. Trusted by 150+ institutions managing over $1.5tn since 2005.
Portfolio management software is a platform investment teams use to research investments, build and optimise portfolios, monitor risk and performance, and report to committees and clients. For institutional investors allocating to hedge funds, private markets and mutual funds, AlternativeSoft covers that full cycle in one system: Fund screening, peer group analysis, portfolio construction, risk analytics, operational due diligence and automated reporting.
Portfolio management software is a system that holds an investor's holdings and candidate investments in one place and provides the analytics to select, combine, monitor and report on them. At its simplest it is a tracker. At the institutional end it is the working environment of an investment team: The fund universe they screen, the peer groups they rank, the optimiser they run, the risk model they stress, the due diligence file they maintain and the committee pack they produce every month.
The term covers very different products, which is why so many searches for it end in the wrong place. A retail investor wants a net-worth dashboard. A financial adviser wants household rebalancing and billing. An asset manager trading securities wants an order management system. A pension fund, endowment, family office, fund of funds or investment consultant that invests through funds wants something else again: Research depth across hedge funds, private equity, private credit, mutual funds and ETFs, portfolio construction that respects real constraints, risk that reads through to factors, and reporting that an investment committee will sign off.
AlternativeSoft is portfolio management software for that last group. It has been used by institutional allocators since 2005 and is the platform behind the fund selection process at 5 of the world's 10 largest hedge fund selectors. The sections below set out what the category looks like, which features matter, and where AlternativeSoft fits.
Most buying mistakes come from evaluating the wrong category. Use this table to find yours before comparing vendors.
| Type | Built for | What it does | Where AlternativeSoft fits |
|---|---|---|---|
| Personal investment trackers | Individual investors | Aggregates brokerage accounts, shows net worth, basic performance and allocation charts. | Not a fit. AlternativeSoft is licensed to institutions and professional investors. |
| Adviser and wealth platforms | Financial advisers and RIAs managing client households | Model portfolios, rebalancing, fee billing, client portals and statements. | Partial. Wealth managers, private banks and advisers use AlternativeSoft for fund selection, alternatives analysis and client-ready fund reporting, alongside their household accounting system. |
| Order management and portfolio accounting | Asset managers trading securities directly | Order routing, pre-trade compliance, position keeping, the investment book of record. | Complementary. AlternativeSoft sits upstream, in manager research, portfolio construction and risk. It is not an OMS. |
| Institutional allocator and fund-of-funds platforms | Pension funds, endowments, foundations, family offices, fund of funds, consultants, OCIOs, insurers, sovereign wealth funds | Fund research and screening, peer group analysis, multi-asset portfolio construction and optimisation, risk and attribution, operational due diligence, committee and client reporting. | This is AlternativeSoft's category. One platform for the full cycle, from first screen to monthly committee pack. |
| Project portfolio management (PPM) | PMOs and IT departments | Prioritises and resources projects. Not investment software. | Unrelated. Shares a name and nothing else. |
Each capability below is a module of the AlternativeSoft platform. Follow the links for the detailed page.
500,000+ hedge funds, mutual funds, ETFs, private equity and private credit funds from Bloomberg, Morningstar, eVestment, Preqin, HFR and 10+ further providers, screened on 4,000+ statistics to build an investible universe.
Fund search and screeningCustom peer groups, weighted rankings and out-of-sample comparison so a fund is judged against the managers it actually competes with, not a broad index.
Peer group analysisMean-variance, Black-Litterman, risk parity, minimum variance and factor-based optimisation with allocation, liquidity and concentration constraints, and the efficient frontier on screen.
Portfolio constructionVaR, CVaR, drawdown, stress testing, scenario analysis and factor exposure for liquid and illiquid holdings in one framework, including pre-launch periods modelled from factor exposures.
Portfolio risk managementReturn attribution at fund, factor, sector and style level, with up to 200 factors, so the committee knows what drove the result and what drove the risk.
Performance analyticsILPA cash flow import, IRR, TVPI and DPI, pacing and cash flow forecasting and private markets fund accounting, so private equity and private credit sit in the same book as hedge funds.
Integrating private and liquid fundsThe Due Diligence Exchange completes and reviews DDQs, extracts data from fund documents, generates manager profiles, flags compliance issues and keeps every ODD file in one cloud hub.
Due Diligence ExchangeBranded fund fact sheets, committee packs, risk reports and interactive FluidView dashboards generated from live data and shared by URL. No manual formatting.
Automated reportingAsk Claude, ChatGPT or Microsoft 365 Copilot to run AlternativeSoft analytics on your own data in plain language: Peer groups, statistics, charts and reports.
AlternativeSoft MCPMost allocators run these four stages in four different tools, with a spreadsheet holding them together. AlternativeSoft runs them on one data set.
Screen the universe, build peer groups, rank managers on weighted criteria and shortlist with evidence.
Send and complete DDQs with AI, process fund documents, flag compliance exceptions and keep the file audit-ready.
Optimise with real constraints, stress the book, track exposures and drift, and measure attribution each month.
Generate the committee pack, fact sheets and client reports from templates, in your brand, from the same data.
Every allocator starts in Excel and most add a point tool or two. The cost is not the licence. It is the reconciliation between tools, the analyst who is the only person who understands the workbook, and the committee pack that takes a week to rebuild each month.
| Capability | Spreadsheets | Point tools | AlternativeSoft |
|---|---|---|---|
| Multi-provider fund data | Manual | Per tool | Integrated |
| Hedge funds + private markets | Separate | Rarely | One book |
| Constrained optimisation | Solver | Yes | Five methods |
| Stress and scenario | Basic | Yes | Factor-based |
| Operational due diligence | No | Separate tool | Built in, AI |
| Committee reporting | Manual | Export | Templated |
| Audit trail | No | Partial | Full |
| AI assistant access | No | No | MCP |
Point tools: Standalone research databases, analytics tools, ODD workflow tools or report builders used in combination.
Institutional allocators and the professionals who serve them. Each page describes the workflow for that audience.
Run the alternatives programme with integrated research, construction, risk monitoring and trustee reporting.
Build and monitor diversified portfolios with the rigour an investment committee and board expect.
Institutional analytics for single and multi-family offices holding alternatives alongside traditional assets.
Screen the manager universe, optimise across underlying funds and report consistently at scale.
One research platform across many client mandates, with client-branded reporting.
Fund selection, alternatives analysis and client-ready reporting for discretionary and advisory desks.
Alternatives analytics and reporting that sit alongside the general account's liability framework.
Portfolio analytics, reporting and ODD workflow for large, complex multi-asset programmes.
See your fund the way allocators see it: Peer rank, factor exposure and portfolio impact, then report it.
Eight questions that separate a platform that will still be in use in three years from one that becomes another export to Excel.
If you select managers and invest through funds, evaluate allocator platforms. If you trade securities directly, evaluate an OMS with portfolio accounting. Mixing the two wastes months.
Pick 20 funds you hold or follow, including private markets vehicles, and confirm each is covered with history you trust before any demo.
Allocation limits, liquidity terms, manager concentration and risk budgets. An optimiser that only runs unconstrained mean-variance is a chart, not a tool.
Cash flows, IRR and pacing should sit beside monthly returns in the same portfolio, not in a separate module with its own data.
Have the vendor produce your committee report from a template on live data. Time it. That is the number that matters to the team.
If ODD lives in another tool, the manager profile, the DDQ and the risk flags never meet the portfolio. Look for it built in.
Every screen, optimisation and report should be reproducible with a timestamp and a user. Boards and regulators will ask.
Analysts now expect to query the platform in plain language. Confirm the vendor offers a secure connector to the assistants your firm has approved.
Bring a list of the funds you hold. In a 45-minute demonstration we will screen them, build a peer group, run a constrained optimisation and generate a committee-ready report on your data.