AltX, the San Francisco based hedge fund intelligence platform, has launched AltX Estimates, providing clients with return data on more than 17,000 funds, including performance data on over 80 per cent of the ‘Billion Dollar Club’ funds.
AltX Estimates delivers 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 DE Shaw, Farallon, Taconic, Eton Park, Viking, and hundreds of others that do not 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 (pictured), CEO of AltX, says: “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.”
