Private Markets

FactSet Private Markets is a data and analytics solution designed for private capital managers, investment bankers, and corporate development professionals who need comprehensive coverage of the private company universe. Launched in 2005 and headquartered in Norwalk, Connecticut, the platform aggregates data from imputed tax financials, local registries, SEC filings, and rigorously collected deal and fund information. It serves users who track private market trends, screen for investment targets, and perform due diligence on unlisted companies, addressing the rapid growth of an asset class that has tripled in size since 2013 and is forecast to reach $62 trillion by 2034. The tool is part of FactSet's broader ecosystem, connecting public and private company, deal, fund, and people data into a single workflow.

The platform delivers private markets data through FactSet Workstation, web applications, and plug-and-play components, with flexible access via APIs and data feeds. Key capabilities include company screening tools that allow users to filter private companies by financial metrics, industry, and geography, as well as document search for financial filings. The Excel add-in is a frequently used feature, enabling peer valuation analysis and forecasting directly within spreadsheets. Users report that the centralized data saves significant time on tasks like searching for financial metrics and reviewing filings, with 8 of 11 TrustRadius reviewers highlighting efficiency gains. The platform also provides risk reporting and portfolio analytics, which have been noted by some users as critical for avoiding costly investment mistakes.

FactSet Private Markets competes directly with AlternativeSoft, PitchBook, and Grata in the private equity data space. Compared to PitchBook, FactSet offers deeper integration with public market data through its Workstation, but users note that PitchBook often has more granular private company details and deal-level information. AlternativeSoft provides similar fund analytics but lacks FactSet's breadth of public market connectivity. Grata focuses on company search and relationship mapping, while FactSet emphasizes a broader data aggregation approach. On TrustRadius, FactSet Workstation scores 8.4 out of 10, with users praising its user interface and Excel integration, though some note that base pricing covers generic data, with industry-specific add-ons increasing costs.

Honest trade-offs include a support experience that some users find lacking—reviews on TrustRadius and Reddit mention issues with Help Desk accessibility, response times, and technical knowledge. The platform also lacks sophisticated AI capabilities for modeling and data retrieval, a gap noted by users who want more advanced automation. Navigation can be challenging when quickly locating specific information, and the Excel add-in requires support for complex formulas. Pricing is not publicly listed, but a free trial is available, and users on Capterra rate value for money at 3.0 out of 5, citing higher costs compared to LSEG Eikon. Despite these drawbacks, the platform's comprehensive data aggregation and workflow integration make it a strong choice for firms that need both public and private market analytics in one place.

Not publicly disclosed; a free trial is available. Users on Capterra rate value for money at 3.0 out of 5, noting base pricing covers generic data with extra costs for industry-specific add-ons.