The limited partners database
for first-close fundraising.

What is a limited partner?

The fund's general partner (GP) makes the investment decisions on behalf of the LPs. In return, LPs receive a share of the fund's returns — typically 80% of profits above a hurdle rate, with the GP taking 20% as "carry." This LP/GP structure underlies the entire VC and private equity industry.

For emerging fund managers, finding the right LPs is the single hardest part of starting a fund. For founders raising capital, family office LPs are increasingly investing directly into startups — making LP outreach relevant even outside the fund-formation context.

Why a curated LP database matters

LPs are deliberately hard to find. Unlike VCs — who publish portfolios, write blog posts, and tweet their thesis — most LPs maintain low public profiles. There are several structural reasons:

• LP commitments are private. When a family office or endowment commits to a fund, that allocation is rarely disclosed publicly
• No public deal flow. LPs don't show up in funding round announcements the way VCs do
• Discretion is part of the value. Family offices in particular intentionally avoid press
• Decision-makers are buried in firm structures. Even when a firm is identifiable, the right contact (the partner running direct investments, the head of alternatives) is hidden inside the org chart

This is the gap a curated LP database fills. Altura Data has assembled 5,800+ verified LP contacts across all major LP categories — with verified emails, AUM, stage focus, and investment mandate.

What's in the limited partners database

Per-contact data fields

Each LP record is structured for direct outreach — not a generic firm listing:

Who uses an LP database

Emerging fund managers raising their first or second fund

First-time GPs face a chicken-and-egg problem: LPs want to see a track record, but you can't build a track record without LPs. A curated LP database lets you skip the warm-intro bottleneck and run a parallel outreach campaign to 100–300 targeted LPs in your first close window. See LP database for emerging fund managers for the full outreach playbook.

Founders raising direct from family office LPs

Family offices increasingly invest directly into startups, not just into VC funds. For founders, family office LPs offer faster decisions, more flexible terms, and longer time horizons than institutional VCs. The LP database includes 4,200+ family office contacts with direct emails. See family office database for the founder-focused breakdown.

Established managers expanding their LP base

Even established funds use LP databases to identify new LP categories — for example, a US-focused fund expanding into Asia-Pacific LPs, or a fund adding sovereign wealth fund coverage. The cross-border flag and geography fields make this targeted expansion possible.

How this compares to other LP sources

• Placement agents — charge 1–2% of capital raised ($100K–$200K on a $10M fund). The LP database is a one-time $297.
• PitchBook — has institutional LP data but costs $25,000+/year and contact-level emails are sparse. See PitchBook alternative.
• Crunchbase — focuses on VC firms and funding rounds. Near-zero LP coverage. See Crunchbase alternative.
• LinkedIn Sales Navigator — useful for individual research but no emails, no AUM, no investment mandate. Manual work per contact.
• SEC EDGAR Form D filings — free public source, but extracting usable LP contacts requires significant manual processing