Vidrio Financial recently announced the formal launch of its Vidrio ‘One’ offering to a broader range of investors, including pensions, endowments, foundations, consultants and family offices eager to have a greater set of tools to analyze and collect data on private market assets.
The new offering builds on the firm’s current enterprise offering that is used by some of the largest global institutional investors. The data services, analytics and workflow applications are used to allocate across hedge funds, private equity, private credit and real estate. Investors are able to manage risk, liquidity, screen funds and monitor performance with enhance offering.
“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,” said Vidrio CEO Mazen Jabban.
Jabban and his team originally ran a multi-billion dollar fund of hedge funds for more than a decade prior to launching Vidrio in 2011. The platform currently hosts more than $100 billion in AUM in actively managed alternatives portfolios.
The move to “democratize” its offering comes at a time when wealth managers and RIAs are looking at ways to monitor private equity and other alternative investment opportunities that are increasingly being offered in the retail market. That’s not to say institutional investors of all sizes are not building up existing alternative investment portfolios.
“With long term return expectations for a classic 60/40 portfolio expected to drop to an annualized rate of 4% for the coming decade, increasingly more institutional investors are adding alternatives to their portfolios as a way to generate better long-term returns,” said Federico De Giorgis, president of Vidrio.
“Vidrio ‘One’ democratizes 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 pain points,” Jabban added.