A searchable database for alternative investments has been launched by AltsAxis, a technology and data firm based in Short Hills, N.J.

The new program, AXIS, facilitates connections between alternative asset managers and allocators, AltsAxis announced today.

According to AltsAxis, “The AXIS platform is a first-of-its-kind solution that standardizes alternative investment data and organizes it into a searchable database with the latest in social connectivity. It fills a void in the market that is rife with inefficiencies that currently make it difficult to get up-to-date, accurate and useful information all in one place.”

The platform was developed to meet shifting demands in the investment landscape for a wide range of alternative investment vehicles, including private equity, venture capital, private credit, real estate funds and hedge funds. “With volatility on the rise and the Federal Reserve tightening its rate policy for the first time since 2018, passive strategies and portfolios with outsize exposure to equities could underperform in the years to come,” AltsAxis said.

The platform includes free access for allocators and alternative investment managers to create a profile and engage on the platform; advanced search functionality and algorithms to empower allocators and managers to seek out one another through more than 130 filters; and continuously updated data sets on alternative asset managers including performance, investment focus, fees, structure and regulatory filings coupled with analytics.

AXIS also offers access to social connectivity features to enhance the platform experience including building connections, suggested connections, creating watch lists, following managers, on-demand calling, video conferencing and meeting schedulers; and a mobile-first application that recognizes that investment and asset management professionals leverage smartphones and other mobile devices to work at anytime, anywhere, AltsAxis said.

“We have built the leading-edge fintech platform to unify the historically fragmented alternative investment space on one intuitive, transparent digital community accessible on mobile devices,” Mark Salameh, founder and CEO of AltsAxis, said in a statement.

“Our ecosystem simplifies, and optimizes the sourcing of alternative strategies for family offices, institutional investors and wealth managers. But we also go a step further by creating opportunities for alternative asset managers, institutional investors allocating to alts and their strategic partners to engage and find out more about one another, so they can make well-informed decisions for meeting their goals and facilitating growth,” he added.

As an extension of the sourcing and relationship-building aspect of its platform, the company has also developed a series of conferences focused on helping allocators and managers explore business opportunities, according to AltsAxis, which was founded last year.