SAN FRANCISCO--(BUSINESS WIRE)--AltX, the San Francisco based hedge fund intelligence platform, today announces the launch of AltX Estimates through which clients now have the most transparency available across the entire hedge fund market. With the newest feature, the AltX platform now has return data on over 17,000 funds, including performance data on over 80% of the ‘Billion Dollar Club’ funds.
AltX Estimates delivers extremely accurate performance estimates for funds, even those that have not publicly shared their returns. The proprietary model leverages information from regulatory filings combined with other data and techniques proprietary to AltX. The process does not use 13F data as an input. Examples of fund managers in the data set include: D.E. Shaw, Farallon, Taconic, Eton Park, Viking, and hundreds of others that don’t report to third party databases.
The new data provides a more holistic view of investment opportunities, gives context to fund performance across the hedge fund industry, and allows better peer analysis for investors and for funds themselves than can be obtained from any other source. The AltX platform includes detailed intelligence on positions, networks, news and events associated with funds, updated in real-time.
Sam Hocking, CEO of AltX added, “Our goal is to provide the greatest amount of high-quality data to clients to allow a level of transparency to this opaque market that has never been seen before.”
AltX is the go-to intelligence platform for the hedge fund market. AltX combines innovative science and technology with financial analytics and proprietary data sets to deliver superior manager and market insights to help users make smarter decisions. Proprietary algorithms, big data, analytics, real time news and event alerts help both investors and hedge funds better understand the context of their funds in the marketplace. The AltX user base is made up of investment professionals from hedge funds, investment banks, pension funds, endowments, asset managers, family offices and more.
AltX was founded in 2012 and is headquartered in San Francisco.
For more information about AltX, go to www.GetAltX.com