eVestment announces the acquisition of Jersey City, N.J.-based Public Plan IQ, a SaaS-based, searchable platform that provides access to public pension plan reporting and board documents, including manager presentations, consultant recommendations, fee schedules, upcoming allocation changes, mandates and more. There are currently more than 10,000 documents housed on Public Plan IQ’s platform.
Public Plan IQ provides clients near-real-time updates via the Public Plan IQ web site and via customized, daily and weekly email alerts on pension plan allocations and other timely news. Public Plan IQ’s pension plan asset reallocation information gives asset managers opportunities to engage on potential new mandates before the search is announced.
This acquisition builds on eVestment’s success in creating efficiency in the institutional investment and asset management industry. By collecting this information from hundreds of public plans, Public Plan IQ provides insights in one place that would be difficult and time consuming for a firm to collect on its own.
“Institutional investors, consultants and managers have come to depend on eVestment to provide useful and powerful intelligence that allows them to make smarter decisions,” said eVestment co-founder and CEO Jim Minnick. “Adding Public Plan IQ to our suite of solutions offers our clients one more way to gain valuable insights and competitive intelligence that can make a real difference in their work.”
About Public Plan IQ
Public Plan IQ was founded by Debra Gregory, CFA, an investment management professional with over two decades experience and deep expertise in market research, product development and competitive positioning. In meetings with clients and industry colleagues, she would utilize public plan documents to provide direct intelligence on competitor positioning, comprehensive fee information, industry trends and more. Feedback from investment managers, consultants, fund lawyers and industry professionals was unanimous: the ability to easily access relevant public fund materials is a valuable resource for competitive intelligence.
Learn more about Public Plan IQ and the acquisition:
“Adding Public Plan IQ to our suite of solutions offers our clients one more way to gain valuable insights and competitive intelligence that can make a real difference in their work.”
eVestment co-founder and CEO