London, UK – Addepar, a leading technology and data platform for investment professionals, has unveiled new updates aimed at revolutionizing the management of alternative investments like private equity, venture capital, and real estate funds. These enhancements, announced on June 12, 2025, aim to tackle the unique challenges posed by such assets, which often come with unstructured data and complex reporting requirements.
The company's Alts Data Management solution is designed to streamline the complexities associated with alternative investments, allowing back-office teams to concentrate on strategic initiatives. Traditionally, managing these investments has involved using a patchwork of software tools and manual processes to handle documents like capital account statements and distribution notices. This has been both time-consuming and prone to errors, diverting resources away from client-focused activities.
Addepar's new tool automates these workflows by utilizing AI-enabled technology combined with human verification to ensure data accuracy. Documents are automatically retrieved from fund administration portals and processed efficiently, with automated quality checks providing a timely and consolidated view of investment data within the Addepar platform. Additionally, a secure, centralized file center offers easy access to all investment documents, reducing manual errors and eliminating the need for disparate systems.
For firms like GenTrust, this development allows for the scaling of alternative investment offerings without increasing resources. The enhanced data collection and reporting capabilities lead to more comprehensive portfolio analyses and improved client service. Diana Turbayne, Addepar's Senior Product Manager for alternatives, emphasized that the tool "simplifies and streamlines" data processes, thereby enhancing operational efficiency and empowering advisors with precise, high-quality data insights.
Complementing Alts Data Management, Addepar has also upgraded its Navigator tool to include private fund cash flow forecasts, supporting strategic decision-making. Acquired through Addepar's 2021 purchase of Real Capital Innovation, Navigator now leverages data from approximately 12,000 funds on the Addepar platform. This information allows clients to generate forecasts based on real investment patterns across private equity, venture capital, and private debt. Advisors are provided with a clearer understanding of potential investment timelines, enabling them to simulate economic scenarios, adjust assumptions, and optimize allocation decisions effectively.
For example, Attinger, a multifamily investment firm, uses Navigator to manage liquidity for clients with significant investments in commitment-based funds. Thomas Nicholson, Attinger's Head of Investment Analytics, praised Navigator's flexibility, which allows advisors to adjust projections swiftly during client meetings, ensuring liquidity positions align with client goals.
Addepar's commitment to innovation is underscored by its $100 million annual investment in research and development, as stated by Chief Product Officer Don Nilsson. With over 1,200 client firms managing $7 trillion in assets—40% of which are alternatives—Addepar's platform is designed to grow with the increasing complexity of client portfolios. By integrating Alts Data Management and Navigator's forecasting tools into a single ecosystem, Addepar enhances data clarity and enables advisors to focus on strategy rather than manual tasks. Through transforming unstructured data into actionable insights, Addepar is not only simplifying alternatives management but also redefining the operations of wealth managers.
