Fintech Platform Caters to a Broad Range of Alternative Investment Allocators
New York, NY, June 8, 2021 – Vidrio Financial (“Vidrio”), a provider of software and data services for institutional alternative allocators globally, has added the Eureka Private Equity database to its offering. The addition has been driven by increased demand from a wider range of information on alternatives from a broad range of institutional investors including pensions, endowments, foundations, consultants and family offices to allocate across the alternatives landscape leveraging Vidrio’s proprietary platform technology and data services.
Eureka Private Equity provides access to information on 9,160 companies and private equity funds, investors, private equity firms and service providers across the private market’s spectrum. The database gives investors up-to-date returns data on private equity and venture capital funds, along with information on the people managing them.
Vidrio’s client base includes many of the largest global institutional investors with complex multi-asset alternative portfolios including funds of funds, OCIOs, pension funds and banks. The service-enabled software provides a range of fully integrated managed data services, analytics and workflow applications to support the complete investment allocation process across the alternative investment sphere, including hedge funds, private equity, private credit, and real estate. Vidrio also has data partnerships with Eurekahedge, HFR and Morningstar.
“The addition of the Eureka Private Equity database further supports increased client demand we are seeing for allocating to private equity and venture capital. According to exclusive recently released data* compiled by industry publication Alternatives Watch and sponsored by Vidrio, of $46 billion spread across 369 allocations in 2020 private equity far outstripped other alternative asset classes in terms of attracting overall institutional dollars," said Mazen Jabban, Chief Executive, Vidrio Financial. “The addition of the Eureka Private Equity database further cements our goal to help allocators simplify and overcome investment management hurdles across asset classes ranging from simple data collection and extraction to analytics and customized, workflow applications (for research, portfolio management, compliance and risk management), and reporting challenges that LPs and allocators face daily,” he added.
Born from first-hand experience of allocating to hedge fund managers, since its launch in 2011 Vidrio Financial has worked as an external partner to many of the world’s leading investors who allocate to external managers, across multiple alternative asset classes, and collectively its clients are actively managing alternatives portfolios with over $100 billion AUM on the Vidrio platform. The firm also launched “Vidrio One,” as an unbundled version of its enterprise solution in April 2021.
About Vidrio Financial
Vidrio Financial (www.vidrio.com) is the first Technology Enabled Service for allocators — providing software and data services to institutional investors globally. Vidrio’s data services, analytics and applications help solve complex fund management problems, improve operational efficiency and reduce risk for multi-asset-class alternatives portfolio investors. Our clients are the world’s premier allocators to external managers.
*The Alternatives Watch Investor Compendium 2021 is available to qualified individuals upon request.