eVestment Nabs PerTrac, Fundspire in Continued Alternative Investments Push

Models of people representing mergers and acquisitions

PerTrac specializes in hedge fund analysis software and workflow solutions, while Fundspire offers hedge fund analytics through a cloud-based solution. This announcement comes on the heels of eVestment's acquisition of Hedgefund.net (HFN), which provides alternatives research and data, in September 2011.

"Over the past several years, we have seen increasing movement towards a more hybrid model of investing, where alternative and traditional investments stand on equal footing," says Jim Minnick,