Vantager Brings AI-Native Infrastructure to Private Market Allocators

A new solution for private market allocators launched today with Vantager, the first AI-powered diligence platform built exclusively for Limited Partners (LPs). Already in use by allocators representing over $100 billion in assets under management, Vantager helps LPs radically streamline how they process, evaluate, and report on data from General Partners (GPs).

Vantager enters the market at a moment of growing complexity and opportunity across private markets. As capital continues to flow into alternative assets, allocators are managing broader portfolios and a deluge of information—often without the right tools to make sense of it. Vantager offers a modern, AI-native infrastructure to help LPs operate with clarity, efficiency, and strategic focus.

“Allocators sit atop a buried city of insight,” said Mason Lender, Co-Founder and CEO of Vantager. “Every fund, every memo, every pitch they’ve ever passed on—each holds data that’s been buried in forgotten PDFs and scattered file drives, collecting dust. Vantager is the first platform that gives LPs a true understanding of what they sit on. It unearths that hidden trove, connecting the dots across portfolios and anti-portfolios to unlock insight where once there was only noise.”

An AI-Native Platform for a New Era of Diligence

Unlike legacy systems that retrofit AI into existing workflows, Vantager was built from the ground up with AI at its core. Its vertically integrated AI agents automate workflows across diligence, reporting, and portfolio monitoring—freeing up teams to spend less time organizing and more time strategizing.

Key features include:

• A centralized, intelligent repository for all GP documents and data

• Automated analysis of Limited Partnership Agreements to flag key changes, misalignments, or turnover

• Pre-built templates to generate investment memos, legal checklists, and operational reports

• Structured querying of historical fund and anti-portfolio data, surfacing patterns over time

Users report time savings of 30–40 hours per diligence cycle, allowing lean teams to maintain rigor while moving faster.

Validated by Leading Allocators

To date, Vantager has processed thousands of funds and more than 50,000 underlying investments. The platform is already in use by a diverse range of allocators, including family offices, endowments, fund-of-funds, foundations, and sovereign wealth funds.

At Thema, where the platform has been deployed for over a year, it’s become a cornerstone of their diligence and reporting process.

“Despite often backing cutting-edge tech, LPs tend to lag in adopting it themselves,” said Sam Ettelaie, Co-Founder and CIO of Thema. “Vantager changes that. We’ve used the platform extensively for diligence—and especially to reduce the time spent on quarterly reporting. It’s helped us stay lean, deliver faster insights, and better support our own LPs.”

Jeff Cruttenden, Co-Founder of Acorns, Say, and Treasury, added: “Public pensions, sovereign wealth funds, and large asset managers are the kingmakers of venture and private equity—but they’ve seen little innovation in how they make allocation decisions. Vantager is building for the most critical part of the allocator stack—and AI will transform it.”

Reframing the LP’s Role in Private Markets

Co-founded by Mason Lender and Nicolas Neven, Vantager’s mission is to elevate the role of LPs—from data custodians to capital strategists.

With today’s public launch, Vantager is opening access to a broader set of allocators looking to modernize their investment infrastructure. By embedding intelligence into every step of the diligence and reporting lifecycle, Vantager seeks to redefine how private markets are evaluated, understood, and shaped.

Learn more at www.vantager.com or watch the launch video.