eVestment
eVestment, founded in 2000 and acquired by Nasdaq in 2017, is a data and analytics platform serving institutional investors, asset managers, and consultants.
Profile
Provides institutional investors with data and tools to analyze money managers and market trends.
eVestment, founded in 2000 and acquired by Nasdaq in 2017, is a data and analytics platform serving institutional investors, asset managers, and consultants. The company provides performance benchmarking, investment research, and market intelligence tools, with a focus on private markets, hedge funds, and traditional asset classes. As of 2026, eVestment's platform powers over $90 trillion in investment decisions annually, serving 1,000+ organizations across 60 countries.
The firm has faced increasing competition from Bloomberg, Morningstar, and specialized fintech startups, but maintains a strong position in consultant-driven institutional allocations. Recent years have seen eVestment expand its private markets capabilities, responding to growing institutional demand for alternatives. The company's financials are not publicly disclosed post-acquisition, but its parent Nasdaq reported steady growth in its investment intelligence segment, which includes eVestment.
A 2023 Invesco earnings report referenced eVestment data in discussing hedge fund flows, indicating its continued industry relevance. The platform's longevity—25+ years in operation—gives it an edge in historical data depth, though some users criticize its interface as outdated compared to newer entrants.
Who buys this
- Asset managers marketing their funds to institutional investors
- Pension funds and endowments conducting manager due diligence
- Investment consultants advising institutional clients
- Private equity and hedge funds benchmarking performance
- Sovereign wealth funds monitoring allocation trends
Strengths and what to watch
Strengths
- Dominant position in consultant-facing institutional data with 29,000+ strategies tracked
- Deep historical dataset spanning multiple market cycles (25+ years)
- Integration with parent company Nasdaq's broader financial data ecosystem
Watch for
- Interface and user experience lagging behind newer fintech competitors
- Potential conflicts as Nasdaq competes with some eVestment clients
- Declining relevance of fund-of-funds data as institutions go direct
Key Information
- Founded
- 2000
Frequently Asked Questions
What is eVestment and who uses it?
eVestment is a data platform providing institutional investors with performance benchmarking and market intelligence tools. Founded in 2000 and acquired by Nasdaq, it serves 1,000+ organizations including pension funds, endowments, and asset managers tracking $90 trillion in investments annually across 60 countries.
How does eVestment compare to Bloomberg for investment data?
While both provide institutional investment data, eVestment specializes in consultant-facing allocations with 29,000+ tracked strategies. Bloomberg offers broader financial data. eVestment has deeper historical data (25+ years) but some users find its interface less modern than Bloomberg's terminals.
What types of investment data does eVestment provide?
eVestment offers performance benchmarking, manager research, and market intelligence, with particular strength in private markets and hedge funds. The platform tracks traditional and alternative asset classes, supporting due diligence, allocation decisions, and competitive analysis for institutional investors.
Do large pension funds actually use eVestment?
Yes, pension funds are core eVestment clients, using its data for manager due diligence and allocation monitoring. The platform's consultant-driven institutional focus makes it particularly relevant for public pensions and endowments making long-term investment decisions.
Can eVestment track private equity performance?
eVestment has expanded private markets capabilities in response to institutional demand. While traditionally stronger in hedge funds, it now provides benchmarking for private equity funds, though some users note newer fintech platforms offer more specialized private market analytics.
Why would an asset manager pay for eVestment?
Asset managers use eVestment to market funds to institutional investors by showcasing performance against benchmarks. The platform provides visibility among consultants and allocators who influence $90 trillion in investment decisions annually.
Sources
- www.prnewswire.com — Reference to eVestment data in institutional investment context
- www.nasdaq.com — Current product offerings and market positioning
- www.prnewswire.com — Historical institutional investment flows context
- www.institutionalinvestor.com — Mention of eVestment performance benchmarking in institutional context