by Cameron Nicol, Senior Marketing Manager – eVestment Private Markets
January 15, 2019, Atlanta – eVestment, a global leader in institutional investment data and analytics, and PitchBook, a premier data provider for the private and public equity markets, today announced a strategic partnership through which Pitchbook’s private market fund performance data is now available in the eVestment Private Markets platform.
The partnership offers eVestment Private Markets users the ability to access Pitchbook’s fund-level performance data for more than 6,700 private market funds and 3,100 firms within the eVestment Profiles module – a global database of private markets firms. Additionally, users can leverage PitchBook Benchmarks, the data provider’s stand-alone performance measurement product, in their research and quantitative assessments of private markets fund performance.
The integration of Pitchbook’s private market data into eVestment Private Markets compliments eVestment’s existing performance analytics and market intelligence tools and expands the due diligence and research capabilities for private markets general partners (GPs), limited partners (LPs) and advisors.
Katey Bogue, Head of eVestment Private Markets, said of the partnership: “By offering clients access to a leading source of market data within our sophisticated analytics and research platform, we’re ensuring clients have the tools and data they need to make better decisions and further streamline processes.”
“PitchBook’s coverage of private market fund performance is unrivaled in the industry,” said Seth Sprinkle, Director of Direct Data at PitchBook. “The ability for eVestment users to access both PitchBook’s fund performance data as well as PitchBook Benchmarks offers unprecedented transparency into VC and PE asset class returns. Together with eVestment, we’re helping the institutional investment community accurately measure performance and refine allocation decisions.”
For more information about the partnership click here.
eVestment, a Nasdaq company, provides cloud-based solutions that help asset managers understand the global movement of institutional assets and maintain a presence before investors and investment consultants. eVestment solutions also help institutional investors and consultants select and monitor investment managers for their unique needs.
PitchBook is a financial data and software company that provides transparency into the capital markets to help professionals discover and execute opportunities with confidence and efficiency. PitchBook collects and analyzes detailed data on the entire venture capital, private equity and M&A landscape—including public and private companies, investors, funds, investments, exits and people. The company’s data and analysis are available through the PitchBook Platform, industry news and in-depth reports. Founded in 2007, PitchBook has offices in Seattle, San Francisco, New York and London and serves more than 22,000 professionals around the world. In 2016, Morningstar acquired PitchBook, which now operates as an independent subsidiary.
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