Private markets data provider Preqin has launched the Allocator Hub, a comprehensive platform aimed at enhancing private market investment processes.

This tool is set to support investors by improving investment outcomes and simplifying complex, costly investment procedures.

The Allocator Hub arrives as institutional alternatives allocations are expected to grow, despite the challenges posed by a lack of transparency in private market data.

It offers a suite of tools for asset allocation, manager selection, due diligence, and portfolio management.

As private market investments become more popular among institutional and retail investors, the Allocator Hub aims to bridge the ‘transparency gap’ caused by non-standardised data frameworks and higher barriers to entry compared to public markets.

Preqin Limited Partners head and senior vice president Jonathon Furer said: “We believe the alternatives markets are at an inflection point. Our research indicates the industry is on course to expand by almost 80 per cent and is set to exceed $30tn in assets under management by 2030 globally, up from $16.8tn at the end of 2023.

“And yet, these markets have historically lacked standardised data, benchmarks, and analytics, combined with highly manual investment processes, resulting in high operating costs. Preqin is on a mission to modernise private markets through increased digitisation and by enabling intelligent pre- and post-investment processes.”

For smaller investors, creating a well-researched portfolio can be costly, while larger, more seasoned investors face the challenge of scaling their investment programmes without compromising on analytical depth or investment returns, according to the company.

The Allocator Hub seeks to address these issues by providing actionable data and analytics, digitising inefficient processes, and enabling users to conduct thorough due diligence, benchmark fund performance, and manage asset allocation and risk with greater precision.

Accessible via Preqin Pro, the Allocator Hub capitalises on Preqin’s market intelligence, delivering timely, formatted data for actionable insights and optimal investment outcomes.

In June 2024, BlackRock announced the acquisition of Preqin for £2.55bn ($3.2bn) in cash, looking to integrate Preqin’s resources with its Aladdin platform.

However, in December, the UK Competition and Markets Authority (CMA) started an inquiry into the merger, to determine whether the move would result in a substantial lessening of competition.

Last week, CMA cleared the merger deal.