Case Study: Caltech achieves more efficient private equity performance analysis with Nasdaq eVestment TopQ+

Caltech leverages eVestment to analyze $2.5B in assets with greater consistency

The Caltech Investment Office, managing a $2.5 billion endowment, faced a labor-intensive and inconsistent process for analyzing private equity managers' track records. Their previous reliance on spreadsheets made direct comparisons difficult, as managers presented performance data in varying formats. To improve their due diligence, they turned to the performance analytics functionality of Nasdaq eVestment's TopQ+ platform.

By implementing Nasdaq eVestment's TopQ+, the investment team gained a formulaic and consistent method for track record analysis. The solution provided robust, apples-to-apples comparisons and high-quality graphical representations of data, which were utilized in investment committee memos. This made their due diligence process more efficient and robust, providing valuable analytical insights and comfort in the cleanliness of the data.

Caltech