Most private markets software is built for the GP. LPs are left with placement-agent decks, a pacing spreadsheet and IRR recalculated by hand each quarter. AlternativeSoft gives allocators the LP view: Which funds are raising, what a new commitment does to the programme, how the book behaves in a downturn and whether each GP passes diligence.
New: AI-powered operational due diligence on GPs, built for LPsPrivate Equity Performance
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The problem
IRR, TVPI, DPI & cash flows scattered across 20+ GP spreadsheets
AlternativeSoft is a private markets analytics platform built for limited partners and allocators. LPs use it as their private equity investment software to find private equity, private credit, venture and real assets funds currently raising, forecast capital calls and distributions with the Yale model, run GP due diligence, track IRR, TVPI and DPI, and manage private markets in the same portfolio as their hedge funds and public funds.
Investing in private markets requires tools purpose-built for illiquid, long-horizon assets - not generic portfolio systems adapted after the fact.
With thousands of funds raising capital globally, identifying the best investment opportunities requires intelligent screening across Preqin, Pitchbook and Eurekahedge databases.
Comparing IRR, TVPI, DPI and RVPI against true strategy peers and vintage years requires a purpose-built private markets analytical framework.
Modelling future capital calls and distributions to plan liquidity and meet commitments is complex without a systematic cash flow forecasting tool.
Understanding how private equity portfolios will behave under bear and bull equity scenarios requires specialised stress test modelling at the fund and portfolio level.
Every new fund raise means another ILPA DDQ, another set of LPA, PPM and Form ADV documents, and another round of chasing. Done by email and Word, the record of why a GP was approved is lost.
Generating professional fund fact sheets, board-ready reports and Power BI-integrated dashboards from private market data is time-consuming without automation.
Fund selection, pacing, monitoring and GP diligence in one platform, with private markets kept in the same book as the rest of the portfolio.
| The challenge | What usually happens | With AlternativeSoft |
|---|---|---|
| Deal flow depends on who calls | Funds are evaluated as they arrive from placement agents and existing GPs. The vintage is built from what was offered, not what was available. | Screen private equity, private credit, venture and real assets funds currently in market by strategy, geography, size and track record. |
| Pacing is a spreadsheet with assumptions nobody remembers | Commitment planning and cash flow forecasts live in one analyst's workbook. A new commitment's effect on the programme is a best guess. | Yale-model cash flow forecasting per commitment, aggregated into a programme pacing plan, with new commitments tested before they are made. |
| Monitoring is quarterly re-keying | IRR, TVPI and DPI are rebuilt from capital account statements each quarter, with no vintage or PME context. | ILPA import and AI extraction of statements, with IRR, TVPI, DPI, RVPI, PME and vintage benchmarking retained for every fund. |
| Private and liquid assets are never stressed together | A public markets drawdown is modelled for the liquid book. Its effect on distributions, NAVs and the denominator is not. | One portfolio holding private and liquid assets, with scenario analysis that shows the effect of a market event on both. |
| GP diligence is repeated from scratch each vintage | The DDQ, the PPM and the LPA are read by hand, filed in email and lost by the time the GP returns with Fund IV. | AI-assisted DDQ review, document extraction and compliance flags, centralised so the work is re-used at the next vintage. |
Built for: Head of Private MarketsPrivate Equity AnalystLP Portfolio ManagerFund of FundsInvestment ConsultantCIO
AlternativeSoft provides a fully integrated private equity analytics suite: fund sourcing, operational due diligence on GPs, cash flow forecasting, stress testing and reporting, in one platform.
Search and filter through Preqin and Eurekahedge private equity databases to find funds currently raising capital. Compare annualised IRR, DPI, RVPI and TVPI against strategy peers with historical vintage analysis.
Use Takahashi & Alexander’s renowned Yale Model to forecast the cash flow of your private equity funds. Input budgeted contributions and distributions, and visualise cash flows over time based on fund strategy and expected returns.
Compute the next 5 years of contributions or distributions under bear and bull equity market scenarios. Aggregate at the portfolio level to understand whether you will need additional capital in a worst-case market environment.
Build and manage portfolios of private equity funds. Aggregate future contributions and distributions, plan pacing to meet target PE exposure, and generate professional reports and white-labelled fact sheets instantly.
Most LPs already have a good ODD process. The problem is that it lives in Word, Excel and inboxes, so every new fund raise starts from a blank page and the reasoning behind last cycle’s approval is gone. AlternativeSoft Cloud ODD takes the process you already run and puts it in one system, built from the allocator’s side of the table.
ILPA DDQ, your bespoke LP questionnaire or both. Firm-level questions asked once, fund-level questions repeated per fund, so a GP with four vehicles answers each thing one time.
The LPA, PPM, Form ADV, audited statements and policies are read by the platform and each answer cites its page. Your analyst reviews rather than transcribes.
Your own rules flag answers with the reason shown. Changes since the last fund raise surface first. Two reviewers reach the same conclusion, and the IC can see why.
Every question, answer, follow-up and document stays with the fund. When a GP raises Fund V, the review starts from Fund IV, not from nothing.
Answer eight questions and get a private report on where your process sits against a fully digitised standard, and what the gap costs at your own cost base. Takes five minutes, nothing to install.
Every tool a private equity allocator needs - from fund sourcing and cash flow modelling to portfolio management and automated reporting.
20,000+ private equity funds from Preqin, Pitchbook and Eurekahedge in one database.
ExploreFilter by strategy, vintage, IRR, DPI, RVPI and 100+ private market metrics.
ExploreCompare fund performance against strategy peers and historical vintage cohorts.
ExploreIndustry-standard cash flow forecasting using Takahashi & Alexander methodology.
Explore5-year bear/bull cash flow modelling at fund and portfolio level.
ExplorePacing model, accounting and multi-asset aggregation across PE and liquid funds.
ExploreDigitise your GP due diligence: your questionnaires, AI document extraction, review workflow and a defensible record per fund.
ExploreAutomated fact sheets, Power BI connector and Excel API for PE portfolios.
ExploreMore than 150 institutional investors rely on AlternativeSoft to make better investment decisions.
AlternativeSoft streamlines many useful performance-based analytics including portfolio optimisation, peer evaluation, and relative analyses. One of the most easy-to-use solutions for portfolio what-if and customised fund fact sheets I have ever handled.
AlternativeSoft is 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 to our team.
From statistical analysis on a single hedge fund to peer group analysis, portfolio construction, risk analysis and stress testing - AlternativeSoft is one of the most effective and intuitive tools I have handled.
Brochures, case studies and applied research tailored to private equity allocators and private market investors.
Full overview of our private equity tools - fund sourcing, Yale Model, stress testing, portfolio management and reporting capabilities.
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Explore our full platform capabilities and how institutional investors have used AlternativeSoft to transform their private markets investment processes.
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The hedge fund industry saw $37.1bn in net outflows in 2024 - a deeper analysis reveals unexpected patterns that challenge conventional wisdom about capital allocation.
Read MorePrivate markets break most analytics tools at the data stage. Each stage below handles irregular cash flows and GP paperwork as a first-class case rather than an exception.
Benchmark private funds on IRR, TVPI, DPI and RVPI, and view them alongside liquid alternatives in one framework.
Core to your processRun operational and investment due diligence on GPs in the cloud, with the questionnaire history retained fund by fund. Benchmark your DDQ process
Core to your processExtract capital calls, distributions and valuations from GP statements and reconcile them automatically.
Core to your processLP reporting and committee packs generated from live cash flow and valuation data, not from a rebuilt model.
Core to your processSee the four stages run against your own GP statements on a 30 minute call.
Request a DemoPrivate markets break most analytics tools at the data stage. Enter the hours you spend on each stage today and see what comes back.
Salary, employer costs and overhead. Hourly rate used: -
Enter a figure to see payback. We will confirm real pricing on the call.
Percentage of each activity absorbed by the platform. Defaults are deliberately conservative and every one of them is yours to change.
Based on of the hours you entered above coming back to the team.
This model prices reclaimed hours only. It excludes the errors that manual cash flow entry introduces, which are cheap to make and expensive to find in a quarter-end reconciliation.
Private equity investment software for LPs is the platform a limited partner uses to select private equity, private credit, venture and real assets funds, forecast the cash flows those commitments will produce, monitor the portfolio's IRR, TVPI and DPI, and run due diligence on general partners. It is the LP-side counterpart to the portfolio monitoring and fund administration tools that GPs run on their own portfolio companies.
Most private markets software is built for the GP: Deal pipeline, portfolio company KPIs, waterfall calculations and LP reporting. An allocator needs the opposite view: Which funds are raising this year, how a new commitment changes the pacing of the whole programme, what the portfolio looks like in a downturn, and whether the GP's operations stand up to diligence. AlternativeSoft is built for that LP view, and it keeps private markets in the same book as the allocator's hedge funds and public funds.
| Type | What it does | Where AlternativeSoft fits |
|---|---|---|
| GP portfolio monitoring and fund administration | Portfolio company KPIs, deal pipeline, waterfalls, capital account statements, LP portals. | Not a fit. Built for the GP's own funds, not for selecting and monitoring external funds. |
| LP fund selection, pacing and monitoring | Fund database, cash flow forecasting, IRR/TVPI/DPI tracking, GP due diligence, LP reporting. | This is AlternativeSoft. Built for LPs, fund of funds, consultants and allocators. |
| Private markets data providers | Fund-level and manager-level performance and fundraising data. | Complementary. Preqin and other providers feed AlternativeSoft's database rather than replacing the analytics. |
| Custody and accounting | Official book of record and statement reconciliation. | Complementary. AlternativeSoft imports ILPA cash flows and capital account statements and adds the forward-looking analytics. |
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