Uncorrelated, an ecosystem for alternatives, launched U-Alts, a diligence-enabled alternative investment platform for its growing network of LP investors and the fund managers they evaluate, as private wealth moves into alternatives.
The launch comes as registered investment advisers, family offices, wealth platforms and ultra-high-net-worth investors increase their exposure to alternatives, widening the gap in manager discovery, diligence, subscription execution and reporting.
U-Alts serves both sides of that market. LPs get a curated environment to discover and evaluate managers across private equity, venture capital, private credit, hedge funds and other differentiated strategies. Managers get a single investor-relations system for fund listing, data rooms, subscription documents and reporting.
“Private wealth’s allocation to alternatives is expected to grow from about $4 trillion to $13 trillion by 2032. That capital needs better infrastructure around di