Full-cycle private markets investing
Discover private investments, benchmark them against the market, evaluate them, engage the sponsors with video Q&A, track investments and updates, and monitor your entire portfolio from one place.
Four things go wrong with every private investment. Argus handles each one.
Every Form D filing the day it lands, enriched with operator history, raise velocity, and dated verification checks. Beside it, the registered funds that hold private assets, each with its fees, repurchase history, and valuation policy pulled from its own filings.
Browse the feedThe same six pillars every time, scored against the corpus, with a confidence band and a list of what the documents never answer. The report is the written evaluation an advisor puts in the client file and hands to an examiner.
Read the methodWhat this investment pays, when, and what it does to the whole portfolio's cash and internal rate of return. Actual distributions recorded as they arrive, against what the sponsor projected.
Every sponsor update read against the offering documents. Misses, delays, and changes become dated facts on the sponsor's record, with both sources named.
All four run off one database. A fund found in the library, evaluated through the Standard, tracked in the Capital Builder, and reviewed after each update is the same record throughout, so what we learn at the end improves the score we show at the start.
Forty investors build forty spreadsheets from the same PDF. We build one and share it.
- One master card per investment. Invested amount, cash yield, distribution frequency, hold period, expected exit, tax treatment. The sponsor fills a form and Argus checks it against the subscription documents.
- Every holder projects off that card. Blended internal rate of return, multiple on invested capital, income separated from liquidity events, before or after tax. You enter only your own position size.
- Terms change once, everyone sees it. The sponsor submits the change and it reaches every holder that day. No sponsor emails forty investors and no investor guesses.
- Every actual distribution is recorded against what was projected. That gap is the underwriting accuracy measure inside the rating, and it is the one dataset a competitor cannot buy, because it only accrues with time.
After you invest, nobody checks whether the sponsor did what they said. We check every update.
- Updates arrive from the sponsor by upload, by form, or by forwarding their email to an address for that investment.
- The Reviewer already has the context: the deck, the offering memorandum, the subscription documents, the master card, and every prior update.
- It writes facts, not opinions. What was promised, what was reported, both sources named and dated. Never a verdict.
- The sponsor answers first. They get fourteen days before anything is recorded, and their answer publishes to every holder at once, which makes this the cheapest investor-relations channel they have.
- The rating moves as items resolve, so it says something true about a sponsor without waiting five years for a realized exit.
Holders see items on their own positions and sponsors see all of theirs. The public sees only the resulting rating.
See exactly how Deal Cards work, step by step →Why none of the incumbents cover the investments landing in your inbox
Reading a PDF is nearly free already, so extraction is not the moat. Every sponsor and every fund on Argus answers the same questions, which is the only way to say what is market, and promised-versus-paid only accrues with time. Money buys the verification check, the broadcast, and the listing. It never buys a point of score.
Your client walks in with a fund or a deal. See where every term sits against the market, get a written evaluation for the file, and find out the quarter a sponsor misses a distribution instead of the year.
Start freeFill in your record once, at no cost, and reach investors who are already accredited and already looking. Answer each question once instead of forty times, because the answer publishes to every investor at the same moment.
Find your filingBefore you invest, see how the terms compare to everything else in the category. After you invest, see whether the sponsor is doing what they said they would do.
Browse the library