Altss vs Preqin
Preqin is the legacy institutional database for alternative assets, which became part of BlackRock via a $3.2 billion acquisition completed in March 2025. Altss is an OSINT-native allocator-intelligence platform: verified family-office and institutional-LP data plus a built-in CRM, AI-assisted outreach, a research copilot, an inbox with a meeting notetaker, Scouter, events and conference intelligence, and a relationship graph — built for fund managers raising from family offices and institutional allocators. Both have strengths; this page covers where each wins, honestly.
The short answer
Choose Altss when
You are raising from family offices or global allocators and need current contacts, mandate signals, and the outreach workflow in one place. Family-office depth is the most common switching reason.
Choose Preqin when
You are benchmarking fund returns, researching how an institution allocated across vintages, or need credit and hedge-fund depth. Preqin's 20+ years of IRR, TVPI and DPI data is not something Altss replicates.
- 9,000+
- Family offices in Altss database
- 150,000+
- Institutional LP entities
- 35M+
- Companies live
- 30 days
- Full database re-verification cycle
#At-a-glance comparison
At-a-glance comparison of Altss and Preqin
Founded
- Altss
- 2025
- Preqin
- 2003 (became part of BlackRock in March 2025 via $3.2B acquisition2)
Team size
- Altss
- 11 (lean, OSINT-first team)
- Preqin
- 500+ employees across 16 offices globally4
Family office coverage
- Altss
- 9,000+ global family offices9
Institutional LP coverage
Fund manager (GP) coverage
- Altss
- 40,000+ GPs tracked (strategy, fund status, LP base); no fund-performance benchmarking
- Preqin
- 67,000+ fund managers across 160+ countries (2025)3
LP-to-fund commitments
Fund performance data
- Altss
- Not provided
- Preqin
- 15,000+ private capital funds and 30,000+ hedge funds with transparent returns4
Service providers
Data collection method
- Altss
- OSINT (open-source intelligence) with source evidence attached to every record
- Preqin
- Mix of FOIA requests, self-reporting surveys, manual analyst research, voluntary contributions, and public filings
Data refresh cycle
- Altss
- 30-day full re-verification; continually updated signals on mandate shifts
- Preqin
- Survey-based cycles for contact and mandate data
Email verification
- Altss
- Bounce-checked before records appear; invalid mailboxes never reach the user
- Preqin
- Self-reported contact data; no independent verification
Allocator signals
- Altss
- Yes — mandate shifts, personnel changes, event participation, fund launches, surfaced as they become publicly observable
- Preqin
- Historical allocations and fund performance focus
Workflow tooling
- Altss
- Database plus a built-in CRM and pipeline, AI-assisted outreach, a research copilot, an inbox with a meeting notetaker, Scouter for investor discovery, events and conference intelligence, and a relationship graph
- Preqin
- Database and reporting; no built-in outreach, CRM, or pipeline
Fund performance benchmarking
- Altss
- Not provided
- Preqin
- Deep — 20+ years of IRR, TVPI, DPI benchmarks
AI features
- Altss
- In-platform research copilot over allocator data, AI-assisted outreach, and a meeting notetaker
- Preqin
- AI research assistants across market, fund and asset data inside BlackRock eFront (February 2026)10; no outreach or CRM layer
Pricing
- Altss
- Published. Investor Intelligence $15,000–$25,000/year ($12,000–$20,000 for qualifying emerging managers), one named user included. Altss Fundraising OS from $25,000/year adds the CRM, AI outreach and meeting intelligence.
- Preqin
- Sales-gated. Typically $20,000–$50,000/yr for small teams (2–5 users); $50,000–$120,000/yr mid-size. Average per Vendr transaction data: $51,500/yr8
Best for
- Altss
- Fund managers raising from family offices and global LPs
- Preqin
- LPs doing due diligence, fund performance benchmarking, institutional investors
Coverage numbers reflect Altss internal database as of August 2026, including a live 35M+ company dataset. Preqin total-entity, consultant, fund-terms and contact figures were read from Preqin's own Data Coverage Map on August 6, 2026. The 4,592 family-office figure is Preqin's own 2024 "Fundraising from Family Offices" report describing 2023 data; Preqin publishes no newer count. Fund manager and service provider figures from "The Best of Preqin: 2025". Preqin pricing compiled from Vendr transaction data and TrustRadius customer reports.
Preqin has clear advantages in historical fund performance data, institutional LP coverage, and 20+ years of benchmarking depth across alternative assets. Altss leads in family office coverage, data freshness, allocator signals, a live 35M+ company dataset, and the workflow layer around the data: a built-in CRM and pipeline, AI-assisted outreach, a research copilot, an inbox with a meeting notetaker, Scouter, and a relationship graph. Preqin is a database you query and export. Altss pairs that verified data and those allocator signals with the workflow in one platform. Where you spend most of your fundraising time determines which platform delivers more value.
Filters
- Entity typeFamily office
- MandatePrivate equity
- Cheque size$5M – $25M
- GeographyNorth America
- SignalMandate active
150,000+institutional LPs matching
Every field sourced| Type | Region | AUM band | Decision makers | Checked |
|---|---|---|---|---|
| SFO | US · West | $1B–$5B | 3 | today |
| MFO | US · East | $5B–$25B | 5 | today |
| Endowment | UK | $1B–$5B | 2 | 2d |
| SFO | CH | $250M–$1B | 4 | 3d |
| Pension | CA | Over $25B | 6 | 5d |
SourceRegulatory filing
VerifiedBounce-checked
MethodOSINT + AI + analyst
#What is Altss?
Altss is an OSINT-native allocator-intelligence platform built for managers raising capital in alternative assets. The data layer is OSINT-powered: instead of relying on self-reported survey data, Altss uses open-source intelligence — SEC filings (Form ADV, Form D, 13F), pension CAFRs, Form 990 and 990-PF for foundations, endowment annual reports, sovereign wealth fund disclosures, verified corporate registries, and published allocator statements — to build verified profiles of 9,000+ family offices and 150,000+ institutional LP entities worldwide9.
Every record is verified before it reaches the platform. Emails are bounce-checked; if a mailbox cannot accept mail, the record never appears. The full database re-verifies on a rolling 30-day cycle, with faster updates for high-velocity signals like personnel changes, mandate shifts, and fund launches.
Around that data sits the workflow: a built-in CRM and pipeline, AI-assisted outreach, a research copilot, an inbox with a meeting notetaker, Scouter for investor discovery, events and conference intelligence, and a relationship graph connecting LPs, GPs, and the people who move between them. Preqin is a database you query and export into other tools; Altss pairs the data with a built-in CRM, AI outreach, a research copilot, and a meeting notetaker in one platform.
Altss was built by former fund managers and OSINT specialists who experienced firsthand the inefficiency of legacy databases. The platform is trusted by emerging managers, established GPs, independent sponsors, institutional sales teams at global banks, and capital introduction desks.
Altss now runs a live 35M+ company dataset — including startups and VC-backed companies — — roughly 2.8x today versus PitchBook's 12.7M+ company coverage. It completes the relationship graph: LPs → GPs → portfolio companies, all within a single OSINT-native platform.
#What ships in the platform today
Every capability below is live for customers today. They sit in two places: the Investor Intelligence plans, and Altss Fundraising OS, which adds the fundraising and IR workflow on top. Roadmap items are named as roadmap on the platform page, never here.
Included in every Investor Intelligence plan
From $15,000/year, or $12,000/year for qualifying emerging managers
Investor research and discovery
Search and filter the allocator universe by geography, strategy, AUM, mandate and signal. Verified decision-makers and contacts on every profile.
AI-assisted research
Ask in plain language across the dataset. "Which Miami family offices backed a first-time healthcare manager" returns a filtered, sourced answer rather than keyword matches.
Agentic knowledge base
A knowledge layer that works the corpus for you: follows the question across filings, registries and profiles, and returns an answer with its evidence attached.
Allocator signals and mandates
Mandate shifts, organizational changes, personnel moves and fund launches, surfaced as they become publicly observable.
Evidence-backed profiles
Every record traces to a public source with a verification timestamp, so a claim about an allocator can be checked against a filing rather than trusted.
Scouter
Investor discovery and targeting: surface allocators whose current mandate matches the fund you are raising, not the one you raised last time.
LP–GP Connect
Present your fund directly to allocators inside the platform, live since February 2026.
Which family offices backed a first-time healthcare manager in the last 18 months?
Single family office · Boston
Single family office · Geneva
Multi-family office · Toronto
Every row carries the public source it was derived from.
Altss Fundraising OS
From $25,000/year, in three configurations
Investor CRM and pipeline
Track every allocator conversation in-platform. Stages, owners, notes, and collision detection so two partners never work the same LP.
AI-assisted outreach
Warm-path orchestration and sequenced follow-ups, drafted against the allocator's actual mandate. You send from your own mailbox; nothing goes out unreviewed.
Relationship and warm-path mapping
LPs, GPs, companies and the people who move between them, derived from filings and transactions rather than from anyone's inbox.
Meeting and interaction intelligence
An inbox and meeting notetaker that files notes against the firm and the person automatically, so the record of a conversation lives with the allocator it concerns.
Events and conference intelligence
Who is attending, who is speaking, and which of them is actively allocating, before you book the flight.
Team collaboration and analytics
Shared pipeline across the IR team, with fundraising analytics and prioritization on top of the same allocator data.
Single family office · Zurich
Endowment · US Midwest
MFO · Singapore
Foundation · Nordics
SFO · Gulf
Pension · Netherlands
Fund of funds · UK
Warm path
Derived from a filed co-investment, not an inbox
Altss is UI-only: no CSV export, no public API, and no external CRM sync. That is a deliberate product decision, and it is stated on every comparison on this site.
#What is Preqin?
Preqin is a London-headquartered alternative assets data provider, founded in 2003. In March 2025, Preqin became part of BlackRock through a $3.2 billion acquisition2 — one of the largest private capital data acquisitions in history. Preqin founder Mark O'Hare has since launched Valhalla Ventures, his own family office allocating 70% of its portfolio outside public markets. Preqin data is now being integrated into BlackRock's Aladdin ecosystem via eFront Insight.
Preqin pioneered the institutional LP database category and remains the most widely recognized provider of fund performance benchmarking in private equity, private debt, venture capital, hedge funds, infrastructure, real estate, and natural resources. Per Preqin's own 2025 coverage reports, the platform covers:
- 67,000+ fund managers across 160+ countries3
- 170,000+ total entities (investors, fund managers, placement agents, service providers, advisors)6
- 15,000+ private capital funds with transparent return data4
- 30,000+ hedge funds globally4
- 436,000+ service provider relationships3
- 4,592 family offices (per Preqin's 2024 "Fundraising from Family Offices" report, up 3x from 1,285 in 2019)1
- 500+ employees across 16 global offices4
- 200,000+ professional users rely on Preqin5
For LPs conducting due diligence on fund managers, Preqin's benchmarking data is difficult to match.
Preqin uses a combination of FOIA requests (which Preqin pioneered for collecting transparent fund return data), voluntary fund manager submissions, self-reported survey data, manual analyst research, and public filings. Contact and mandate data are updated via survey cycles; deal news and fund closes refresh more frequently.
#Coverage comparison
Family offices
Preqin's Data Coverage Map has no family-office line item (read August 6, 2026). Its last self-published count was 4,592, describing 202316.
Fund managers tracked
Preqin's GP coverage is broader and adds fund-performance history Altss does not provide3.
Funds with performance data
Plus 30,000+ hedge funds. This is Preqin's category, not ours4.
Property ownership linked to firms
From a corpus of 91,191,608 US parcels with 14,500,336 distinct owners resolved to entity type, plus French and APAC/MENA land registries and 534,223 deed records. Measured August 10, 2026.
Aircraft and vessels linked to owners
Identified and linked to the owning entity, across 861 firms for aircraft. Measured August 10, 2026.
Relationship graph
Across 6,493,533 resolved entities, including 3,584,276 firm-to-firm edges and 1,866,710 introduction paths. Derived from public transactions, filings and registries. Measured August 10, 2026.
Family office coverage
Altss tracks 9,000+ family offices globally9. Preqin does not publish a current family-office count: its public Data Coverage Map breaks out investors, fund managers, service providers, consultants and funds, but has no family-office line item (read August 6, 2026)6. The last figure Preqin published itself was 4,592, in its 2024 "Fundraising from Family Offices" report, describing 2023 data1. Treat that number as two years old, not as current coverage. Altss coverage extends beyond the top 200 U.S. names into European industrial families, Asian dynastic wealth, Middle Eastern family conglomerates, and emerging-market principal investors.
Preqin's family office coverage has historically been the weaker part of its dataset. The platform was built for institutional LPs and performs best there. Prospects evaluating Altss cite family-office depth as the most frequent switching reason. Preqin's own data shows the segment tripled from 1,285 in 2019 to 4,592 in 20231, which is why a 2023 count is a poor guide to 2026 coverage on either side. If Preqin publishes a current figure, we will update this page and date it.
Institutional LP coverage
Preqin's institutional LP database is deep — pensions, endowments, foundations, sovereign wealth funds, insurers — with 20+ years of allocation history. Altss covers 150,000+ institutional LP entities with current mandate, personnel, and allocation signals, but does not match Preqin's historical depth on fund-level performance data.
Geographic depth
Preqin has historically been strongest in North American institutional coverage. Altss has deliberately prioritized global family office depth — Asia, Middle East, and Europe — where Preqin's coverage is thinner.
#Data freshness
A family office that promoted a new head of investments last month shows up in Altss within days. In Preqin it appears when the family office updates its own profile, which many private offices never do.
Data staleness is the most common complaint against legacy databases. Fund managers raising capital need current mandates, working emails, and accurate personnel information.
Altss
- 30-day full database re-verification cycle
- Continually updated on personnel changes, mandate shifts, and fund launches
- Every email is bounce-checked before appearing in the platform
- Every record is traceable to a public source with a verification timestamp
Preqin
- Survey-based refresh for most contact and mandate fields
- Deal news and fund closes updated more frequently
- Self-reported contact data; no independent verification
- Contact and personnel data depends on firm proactively submitting updates
This is the most frequent point raised by prospects switching from Preqin to Altss.
#Methodology: OSINT vs. self-reporting
The core methodological difference shapes everything downstream.
Preqin's approach: Survey-based plus manual analyst research, with FOIA (Freedom of Information Act) requests used to collect transparent fund return data — a methodology Preqin pioneered. Family offices and institutional LPs submit information via questionnaires. Preqin's analyst team supplements with public disclosures and industry research. Voluntary data contributions come from thousands of fund managers. This model produces deep historical data but struggles with currency — a family office that hasn't updated its Preqin profile in 18 months shows 18-month-old contact and mandate information.
Altss's approach: OSINT-first. Altss treats LP intelligence as an open-source intelligence problem. Data is sourced from SEC filings (Form ADV, Form D, 13F), state pension CAFRs, Form 990 and 990-PF for foundations, endowment annual reports, sovereign wealth fund disclosures, verified corporate registries, public news, and published statements. Every record is traceable to its public source and timestamped. Nothing relies on the allocator filling out a survey.
The practical difference: a family office that promoted a new head of investments last month shows up correctly in Altss within days via OSINT signals, whereas the same change might not appear in Preqin until the family office proactively updates its Preqin profile — which many private family offices never do.
#Pricing
Altss
Published, and materially below Preqin's $51,500 average for LP-focused fundraising workflows8. Family Office Intelligence $15,000/year ($12,000 emerging), Global Investor Intelligence $18,000 ($15,000), Full Market Intelligence $25,000 ($20,000). One named user included; additional users from $5,000. Altss Fundraising OS from $25,000/year adds the investor CRM, AI outreach and meeting intelligence. Full detail is on the pricing page.
Preqin
Preqin (based on Vendr transaction data and customer reports, 2026):
- Small teams (2–5 users, 1–2 asset classes): $20,000–$50,000/year8
- Mid-size teams (5–15 users, 2–4 asset classes): $50,000–$120,000/year8
- Larger enterprise deployments: $120,000+/year8
- Average per Vendr transaction data: ~$51,500/year8
- Entry-level subscriptions with very limited scope reported from $5,000/year
- API access typically adds 30–60% to base subscription cost
Altss publishes its price; Preqin does not. On the reported figures, Altss sits materially below Preqin for equivalent user counts and coverage depth, and you can check that before taking a sales call.
Preqin pricing data compiled from Vendr Marketplace transaction data, TrustRadius verified customer reports, and multiple independent third-party pricing databases accessed July 2026.
#
If your primary question is “how did this fund perform?”, Preqin delivers more than Altss, and no amount of family-office depth changes that.
Where Preqin winsThe two platforms are built for different jobs. These are the jobs Preqin is built for.
- 01
Historical fund performance data
Preqin's 20+ years of IRR, TVPI, DPI, and cash flow data across thousands of funds is unmatched. The platform has transparent return metrics for 15,000+ private capital funds and 30,000+ hedge funds4. If your workflow requires benchmarking a specific fund's returns against peers by vintage and strategy, Preqin is the right tool.
- 02
Institutional LP brand recognition
Preqin is the default answer for LP-side due diligence teams at pensions, endowments, and large allocators. "Running the numbers in Preqin" is institutional shorthand. 200,000+ professionals rely on the platform.
- 03
Credit and direct lending data
Preqin's coverage of private debt funds, BDC data, and credit strategy benchmarking goes deeper than Altss's current coverage.
- 04
Regulatory history and LP commitments
For LPs researching how a given institution has allocated across vintages and fund types historically, Preqin's depth is hard to match.
- 05
BlackRock backing, and the eFront integration is now shipped
Preqin became part of BlackRock in March 2025. In February 2026 BlackRock integrated Preqin data into eFront, so an institutional client can run pre-investment intelligence and post-investment analytics in one workflow, with AI research assistants answering questions across market, fund and asset data10. In May 2026 the same stack expanded into private credit11. For an LP already on Aladdin, that is a workflow advantage Altss cannot match.
- 06
AI research over 20 years of history
Preqin's AI assistants sit on top of two decades of fund performance, allocation and benchmarking data. Altss has a research copilot too, but it answers questions about allocators and current mandates, not about how a 2011-vintage buyout fund performed. On historical questions Preqin's assistant has data ours does not.
- 07
Cross-asset-class breadth
PE, VC, hedge funds, infrastructure, real estate, natural resources. For multi-asset-class firms, Preqin's breadth across alternatives is genuine.
- 08
Fund manager coverage
67,000+ fund managers across 160+ countries — Preqin's GP-side database is broader than Altss's 40,000+ GPs today, and adds fund-performance history Altss does not provide.
- 09
Service provider ecosystem
436,000+ service provider relationships covering placement agents, law firms, fund administrators, auditors, custodians, and prime brokers. Altss carries the category but not the depth: 2,319 service-provider firms, of which only 42 are tagged as consultants. For teams conducting diligence across the full service provider stack, Preqin is the reference and it is not close.
If your primary questions are "How did this fund perform?" or "What are median PE returns by vintage?" — Preqin delivers more than Altss.
#Where Altss wins
- 01
- 02
Data freshness
30-day full re-verification vs. Preqin's survey-based refresh cycles. For fundraising — where current contacts matter more than historical performance — this is decisive.
- 03
OSINT methodology
Every record traces to a public source. No reliance on self-reported survey data. Prospects describe Preqin as "extremely outdated, especially individual and company level data" after long-term use.
- 04
Email verification
Bounce-checking means invalid emails never reach the UI.
- 05
Allocator signals
Mandate shifts, personnel changes, fund launches, and event participation surface as they become publicly observable — not quarterly survey updates.
- 06
Data others can't replicate — plus the workflow to act on it
Preqin is a database you query, then export into separate tools to actually run a raise. Altss ships the data with the workflow: a built-in CRM and pipeline, AI-assisted outreach, a research copilot, an inbox with a meeting notetaker, Scouter for investor discovery, events and conference intelligence, and a relationship graph. It brings targeting, research, CRM, outreach, and pipeline into one place — on top of OSINT data competitors can't match.
- 07
Enterprise pricing with emerging manager accessibility
Altss is scoped to what your team actually needs — coverage tier, seat count, organization type. Reduced rates for Fund I–III. Preqin pricing is sales-gated with a wide reported range ($20K–$120K+) depending on asset classes and seats, and the Vendr average of $51,500/year illustrates where mid-size teams land.
- 08
Built for fundraising, not due diligence
Preqin was architected for LPs doing due diligence. Altss was architected for GPs raising capital. The tools reflect the difference.
- 09
Emerging manager friendly
Preqin is often described by emerging managers as priced for institutional budgets. Altss's pricing, data, and workflow are explicitly built for Fund I and Fund II GPs.
- 10
Live 35M+ company dataset, including startups
Altss runs a live 35M+ company dataset — including startups and VC-backed companies —, completing the fundraising and sourcing relationship graph (LPs → GPs → portfolio companies) on a single OSINT-native platform. Preqin does not focus on company-level coverage.
#Full feature comparison
Full feature comparison of Altss and Preqin
Coverage
Family office coverage
- Altss
- Yes: 9,000+ (global)
- Preqin
- Partial: Not published; 4,592 as of 2023 report
Institutional LP coverage
- Altss
- Yes: 150,000+ entities
- Preqin
- Yes: 170,000+ total entities
Fund manager (GP) coverage
- Altss
- Yes: 40,000+ GPs
- Preqin
- Yes: 67,000+ across 160+ countries
Fund count with performance
- Altss
- Not tracked
- Preqin
- Yes: 15,000+ private capital funds; 30,000+ hedge funds
Fund performance benchmarking
- Altss
- No: Not provided
- Preqin
- Yes: Best-in-class (IRR, TVPI, DPI)
20+ years historical data
- Altss
- Yes: 1,180,090 deals dated 2006 or later
- Preqin
- Yes
Companies dataset
- Altss
- Yes: Live 35M+
- Preqin
- No: Not a focus
Data quality and method
Data refresh cycle
- Altss
- Yes: 30 days
- Preqin
- Partial: Survey-based
Mandate-shift signals
- Altss
- Yes
- Preqin
- No
Email bounce-verification
- Altss
- Yes
- Preqin
- No
OSINT source traceability
- Altss
- Yes
- Preqin
- No
Self-reporting dependency
- Altss
- No: None
- Preqin
- Partial: High
FOIA data collection
- Altss
- Yes
- Preqin
- Yes: (Preqin pioneered for fund returns)
Personnel change tracking
- Altss
- Yes: Continually updated
- Preqin
- Partial: Lagging
Workflow
Event & conference intelligence
- Altss
- Yes
- Preqin
- No
Built-in CRM & pipeline
- Altss
- Yes
- Preqin
- No
AI-assisted outreach
- Altss
- Yes
- Preqin
- No
Research copilot
- Altss
- Yes
- Preqin
- No
Inbox + meeting notetaker
- Altss
- Yes
- Preqin
- No
RIA coverage
- Altss
- Yes: 38,500+ matched to Form ADV
- Preqin
- Partial: Limited
Relationship graph
- Altss
- Yes: 7,871,996 edges over 6,493,533 entities
- Preqin
- Partial: Data only, no workflow
Commercial
Published pricing
- Altss
- Yes: From $15K/yr ($12K emerging); Fundraising OS from $35K
- Preqin
- No: Sales-gated
Credit/direct lending benchmarks
- Altss
- Partial: Limited
- Preqin
- Yes: Deep
Regulatory filing integration
- Altss
- Yes: Form ADV, Form D, 13F
- Preqin
- Yes
Global family office coverage
- Altss
- Yes: NA/EU/Asia/ME
- Preqin
- Partial: Primarily US/EU
Emerging manager focus
- Altss
- Yes
- Preqin
- No
Cross-asset-class coverage
- Altss
- Partial: LP-side plus live company dataset; no fund-performance benchmarks
- Preqin
- Yes: PE/VC/HF/Infra/RE/NR
Hedge fund coverage
- Altss
- Partial: Limited
- Preqin
- Yes: 30,000+ funds
Service provider coverage
- Altss
- Partial: 2,319 firms; thin on consultants
- Preqin
- Yes: 436,000+ relationships
Employee count
- Altss
- 11 (lean team)
- Preqin
- 500+ across 16 offices
Total professional users
- Altss
- Growing
- Preqin
- 200,000+
UI-only access (no data export)
- Altss
- Yes: By design
- Preqin
- No: API add-on available
Starting price
- Altss
- $12,000/year (emerging manager, Family Office Intelligence)
- Preqin
- ~$20K–$50K/year (2–5 users, per Vendr)
Enterprise ownership
- Altss
- Altss Inc.
- Preqin
- BlackRock (completed March 2025, $3.2B)
Comparison accurate as of August 6, 2026. Altss coverage figures reflect internal database counts, including a live 35M+ company dataset. Preqin figures from Preqin's Data Coverage Map (read August 6, 2026), Preqin's 2024 "Fundraising from Family Offices" report, "The Best of Preqin: 2025", and Preqin Global Data Coverage (June 2025 PDF). Pricing compiled from Vendr transaction data and TrustRadius customer reports.
#What fund managers are saying
“Preqin's contact information is up to 60% outdated. For active fundraising, that's unworkable. Altss gave us a live feed of mandate changes and working emails — the campaign economics shifted overnight.”
“Preqin feels dated. It relies on managers to update their own information, which they don't. For a fund running real campaigns, the data quality is the whole game.”
“Same emails going to the same LPs. No way to stand out. LPs don't answer anymore. We had to change our entire outreach approach — starting with the data source.”
“Preqin only gave us access to the largest family offices. We were missing the target segment of smaller, less visible offices — which is exactly who we needed to reach. Altss covers that gap.”
1–4 Testimonials reflect verified customer and prospect feedback captured in recorded evaluation calls between October 2025 and April 2026. Testimonials are lightly edited for clarity and anonymized at speaker request. Full verbatim source transcripts and speaker identities are retained by Altss under NDA and can be provided to qualified prospects on request. References available.
#Which is right for you?
- For emerging managers (Fund I & II)
- Altss is the clear choice. Preqin's pricing, LP-side orientation, and institutional focus make it a poor fit for managers raising their first institutional capital. Altss offers reduced pricing for emerging managers (Fund I–III), and its family office depth, continually updated allocator signals, and a built-in CRM, AI outreach, and research copilot match the emerging manager workflow directly.
- For established GPs raising from family offices
- Altss. Nine out of ten fund managers raising primarily from family offices cite Altss's 9,000+ FO coverage as the switching reason from Preqin.
- For institutional LPs conducting manager due diligence
- Preqin. Fund performance benchmarking, 20+ years of IRR data, and institutional allocation history are what you need — and Altss is built for the raise.
- For capital introduction and placement teams
- Both, used together. Preqin for LP-side performance benchmarking and fund screening. Altss for current allocator signals and family office outreach targeting. Most sophisticated placement teams use both.
- For independent sponsors and deal-by-deal raisers
- Altss. Preqin's LP coverage is oriented around committed-fund structures; Altss's signals and family office depth fit better for deal-specific capital raising.
- For credit and private debt GPs
- Mixed. Preqin has deeper credit benchmarking. Altss has deeper family office coverage for private debt allocators. Evaluate both.
- For hedge fund managers
- Preqin. 30,000+ hedge funds with transparent returns is what that platform is built to hold.
#Pros and cons
Altss
Pros
- +9,000+ family offices — nearly 2x Preqin's coverage
- +150,000+ institutional LP entities with current data
- +Live 35M+ company dataset — including startups and VC-backed companies
- +30-day re-verification cycle
- +OSINT methodology with source traceability
- +Email bounce-verification
- +Continually updated mandate and personnel signals
- +Built-in CRM, AI outreach, research copilot, inbox + meeting notetaker, Scouter, events intelligence, and a relationship graph
- +Published pricing from $12,000/year, against sales-gated Preqin quotes
- +Purpose-built for emerging and established GPs raising capital
Cons
- −Built for the raise, not for benchmarking fund returns
- −Current mandates and live signals, not decades of historical IRR
- −Deepest on family offices and institutional LPs; credit and hedge coverage is lighter
- −UI-only access (no data export by design)
Preqin
Pros
- +Industry-leading fund performance benchmarking
- +20+ years of historical IRR, TVPI, DPI data
- +15,000+ private capital funds and 30,000+ hedge funds with transparent returns
- +Deep credit and private debt coverage
- +67,000+ fund managers across 160+ countries
- +436,000+ service provider relationships
- +BlackRock-backed enterprise stability (acquisition completed March 2025 for $3.2B)
- +Preqin data and AI research assistants now live inside BlackRock eFront (February 2026)
- +Institutional LP brand recognition
- +Full cross-asset-class coverage
Cons
- −No current family-office count published; last self-published figure was 4,592 for 2023
- −Self-reporting model produces inconsistent quality
- −Sales-gated pricing — small teams often quoted $20K–$50K/year
- −Average customer spend $51,500/year (Vendr data)
- −Not purpose-built for emerging managers
- −Contact data currency dependent on firm submission behavior
#Using both together
Many sophisticated fundraising teams use both platforms.
- Preqin for LP-side fund performance benchmarking, vintage comparisons, credit market coverage, and institutional allocation history
- Altss for current allocator signals, family office outreach, contact/mandate data, and running the LP intelligence, CRM, research, and AI outreach in one place
If your team's workflow involves both LP-side due diligence and active GP-side capital raising, both tools serve different purposes. For teams focused primarily on raising capital, Altss alone typically replaces Preqin entirely.
#Frequently asked questions
Is Altss a full replacement for Preqin?
How much does Altss cost compared to Preqin?
Did BlackRock actually buy Preqin?
How many family offices does Preqin track?
Can I migrate my Preqin data to Altss?
Does Altss cover fund performance benchmarking?
How fresh is Altss data vs. Preqin?
Is Altss just a database, or something more?
What is Altss's company dataset?
Preqin has AI now too. What is actually different?
Can I trial Altss before switching?
Ready to see Altss live?
Book a demo and evaluate Altss against your current Preqin workflow. We'll walk through your specific LP targets, show you the live coverage and the live 35M+ company dataset, demo the built-in CRM, AI outreach, and research copilot, and scope pricing to your team.
Sources
- 1.Preqin family office count: Preqin, "Fundraising from Family Offices: A guide to raising capital," 2024 report (4,592 family offices, up from 1,285 in 2019; cited in WealthBriefing and Family Wealth Report coverage, March 2024) View source ↗
- 2.BlackRock acquisition of Preqin: Bloomberg, "Billionaire Preqin Seller's Family Office Builds Buyout Firm Bet," February 2026; Preqin's own statement "March 2026 will mark one year since Preqin became part of BlackRock" (from "The Best of Preqin: 2025") confirms March 2025 closing date; $3.2B acquisition price per multiple business press coverage View source ↗
- 3.Preqin fund manager count (67,000+), service provider coverage (436,000+): "The Best of Preqin: 2025" publication, published by Preqin (a part of BlackRock), 2025 View source ↗
- 4.Preqin fund performance coverage (15,000+ private capital; 30,000+ hedge funds), FOIA methodology, employee count (500+): Preqin Global Data Coverage PDF, June 2025 edition View source ↗
- 5.Preqin professional user count (200,000+): Preqin.com homepage, accessed July 2026 View source ↗
- 6.Preqin total entity count (170,000+): Preqin Data Coverage Map, preqin.com/data/data-coverage-map, read August 6, 2026. Publishes 170,000+ investors, fund managers, placement agents, service providers and advisors; 619 alternative investment consultants; 18,388 funds with detailed fund terms; 482,175 key alternatives contacts. No family-office line item is broken out. View source ↗
- 7.Preqin family office growth (524% since 2016, 4,067 with private markets exposure): CNBC, "Family offices flock to private markets," August 2025, citing Preqin data View source ↗
- 8.Preqin pricing: Vendr Marketplace transaction data; TrustRadius verified customer reports; accessed July 2026 View source ↗
- 9.Altss internal database counts and live 35M+ company dataset: Internal platform metrics, measured August 8, 2026 (live 35M+ companies; 38,531 investment advisers matched to a Form ADV CRD, of which 14,764 report private funds, carrying $165.4T in regulatory assets under management) View source ↗
- 10.Preqin data inside BlackRock eFront, with AI research assistants: BlackRock Aladdin press release, "BlackRock Aladdin drives private markets transparency by unifying pre- and post-investment tech on a single platform," February 2026 View source ↗
- 11.Preqin private credit expansion on Aladdin: Preqin press release, "BlackRock Aladdin Expands Private Credit Solutions on Preqin," May 2026 View source ↗