MSCI Inc has acquired Vantager, an AI-native platform that streamlines pre-investment due diligence for institutional private markets investors.
The firm writes that the acquisition accelerates MSCI’s strategy to deliver a seamless, end-to-end private markets experience for investors.
“It further enhances MSCI’s capabilities to service the private markets investment lifecycle from the pre-investment diligence stage to post-trade through its suite of industry-leading analytics and benchmarking solutions.”
The firm writes that, founded in 2024 and based in New York, Vantager has built an innovative AI-led solution to help investors more efficiently extract and analyse unstructured documents issued by General Partners (GPs) in data rooms.
“The platform helps automate early-stage diligence by generating AI-powered reports and standardised outputs to support decision making for investors, including asset owners, wealth managers, fund of funds, and secondaries.
“Vantager’s platform is designed to serve investors in private markets by enabling them to evaluate managers, funds, and portfolios with greater speed, consistency, and confidence. It enhances investors’ ability to screen managers, extract insights from GP data, and generate diligence reports, bringing scale and structure to one of the most manual areas of private investing.”
“Due diligence is one of the most time consuming and fragmented stages of private markets investing, yet also one of the most critical,” says Luke Flemmer, Head of Private Assets at MSCI. “Vantager brings innovative AI capabilities that help automate this step, enabling investors to make better and faster decisions. This acquisition further strengthens our private assets strategy to bring pre-trade and post-trade management into a single, self-service client experience.”
“We founded Vantager to help LPs bring speed, structure, and scale to private markets diligence,” says Mason Lender, Co-founder and CEO of Vantager. “Embedding our technology into MSCI’s market leading offering for private markets will help us accelerate that vision.”