Vidrio Financial launches Vidrio ‘One’ platform catering to a broader range of alternative investment allocators
Vidrio Financial (Vidrio), a provider of software and data services for institutional alternative allocators globally, has launched Vidrio "One", its first non-enterprise offering driven by increased demand from a broader range of institutional investors including pensions, endowments, foundations, consultants and family offices to allocate across the alternatives landscape.
Vidrio’s current enterprise solution client base includes many of the largest global institutional investors with complex multi-asset alternative portfolios including funds of funds, OCIOs, pension funds and banks. The service-enabled software provides fully integrated managed data services, analytics and workflow applications to support the complete investment allocation process across the alternative investment sphere, including hedge funds, private equity, private credit, and real estate.
“Vidrio ‘One’ has been built to meet the changing needs of today’s multi-asset class allocators. For more than a decade Vidrio has been producing multi- asset allocation technology and packaged data management solutions for large institutional investors to cut through the complexity of the investment allocation process and provide LPs and allocators with a level of control and insight certainty over their investment decisions,” says Mazen Jabban, Chief Executive, Vidrio Financial. “We are excited for the release of Vidrio ‘One’ as this is an unbundled version of our flagship enterprise software and service offering that leverages advances in data automation and collection systems as well as the strength of our service partners to enable us to deliver more flexible data collection and aggregation options to pensions, endowments, foundations, consultants and other asset owners that are looking to take better control of their data and investments across multiple external managers and asset classes.”
Bringing together human expertise and innovative technology, Vidrio acts as the chassis of an allocator's complex alternatives, multi-asset class investment portfolio management infrastructure, to help allocators simplify and overcome investment management hurdles that can range from full allocation processes to alternative managers data collection and extraction, analytics, workflow applications (for research, portfolio management, compliance and risk management), and reporting challenges that LPs and allocators face daily.
“We know alternatives well. Alternatives are complex and have always been our strong point. It is part of our DNA and Vidrio now offers both end-to-end and point solutions that represent what we see as a best-in-class portfolio platform for investors allocating to investment funds worldwide that is backed by the intellectual property of former asset allocators with decades of experience managing assets,” Jabban adds.
“With long term return expectations for a classic 60/40 portfolio expected to drop to an annualised rate of 4 per cent for the coming decade, increasingly more institutional investors are adding alternatives to their portfolios as a way to generate better long-term returns,” says Federico De Giorgis, President, Vidrio Financial. “With this evolving backdrop, Vidrio ‘One’ ’democratises’ a platform built on a 20 plus year legacy of supporting allocating to alternatives and allows our core software and services to be implemented in a more flexible and targeted configuration to meet specific client pain points,” Jabban adds.
Born from first-hand experience of allocating to hedge fund managers, since its launch in 2011 Vidrio Financial has worked as an external partner to many of the world’s leading investors who allocate to external managers, across multiple alternative asset classes, and collectively its clients are actively managing alternatives portfolios with over USD100 billion AUM on the Vidrio platform. Prior to that, the core management team of Vidrio Financial ran a multi-billion-dollar fund of funds for more than a decade that exclusively allocated to hedge funds.