What makes a good LP list
Not all LP lists are equal. The difference between a list that generates LP meetings and one that generates silence is almost always the same: mandate data. A list of 10,000 LP names with no stage, sector, or geography information is nearly useless — you're pitching blind. A list of 500 LPs with verified mandate data and verified emails converts at 10–20× the rate of an unqualified list 20× its size.
The LP contact types that matter most for emerging fund managers are family offices (most accessible), endowments (medium-term, require track record), fund of funds (often the first institutional LP for many managers), and pensions (long-term relationship, slower to move). Altura Data's LP list covers all four categories across 60+ countries.
LP types covered in this list
Family offices — single and multi-family
The 4,200+ family office contacts in Altura Data's LP list represent the most accessible LP category for emerging managers. Single-family offices (SFOs) manage one family's wealth and can move without investment committee approval. Multi-family offices (MFOs) serve multiple families and apply more institutional processes. Both types are included with AUM range, investment focus, and geography flags. See our family office investment criteria guide for what these LPs evaluate when reviewing fund pitches.
Most accessible for Fund I managersEndowments and foundations
University endowments, hospital foundations, and charitable foundations allocate a portion of assets to alternative investments including VC funds. Check sizes are typically $1M–$10M for mid-size endowments. They require more formal due diligence than family offices and usually need at least 1 prior fund of track record. Yale Model endowments (heavy alternatives allocation) are the most accessible for VC — but they receive high pitch volume and prioritise warm introductions from existing GP relationships.
Best for Fund II and beyondFund of funds
Fund of funds (FoFs) are professional LP allocators who build diversified portfolios of VC and PE funds. They often act as anchor LPs for new managers — a FoF commitment signals credibility to other LPs. Check sizes range from $500K to $5M. FoFs conduct thorough due diligence but move faster than institutional LPs. The best FoFs for emerging managers include those specifically focused on first-time manager programs. Platforms like LPbacked also list some fund of funds contacts.
Often anchor LP for first fundPensions and sovereign wealth funds
Pension funds and sovereign wealth funds (SWFs) are the largest LP category by AUM but the hardest to access for emerging managers. They require 2–3 funds of track record, formal RFP processes, and multi-year diligence cycles. Check sizes are $5M–$50M+. They're included in the full LP list for completeness — managers who are building a long-term LP relationship strategy may begin warming these relationships early, knowing conversion will take 3–5 years. The Full Investor Network database includes all categories.
Long-term pipeline onlyThe conversion math: a qualified list of 50 LPs who match your stage, sector, geography, and check size will outperform an unqualified list of 1,000 every time. Use the mandate data in this LP list to filter aggressively before personalising outreach — targeting is the highest-ROI action in fundraising.
What data is in the LP list
How this LP list compares to other sources
There are four ways to build an LP list. Here's how they compare on coverage, cost, and time:
- Altura Data LP & Family Office Database ($697): 5,800+ LP contacts including 4,200+ family offices, verified emails, full mandate data. Ready to use on purchase. Best coverage of family offices specifically.
- Preqin ($20K+/year): Strong institutional coverage (endowments, pensions, SWFs), weak on family offices. Designed for large institutions, not emerging managers. Cost-prohibitive for Fund I managers.
- LPbacked ($99/month): 19,000 LP contacts, SaaS subscription model. Strong breadth, less depth on family office mandate data. Good complement for managers who need very large LP universe coverage.
- FINTRX ($499+/month): Family office specialist with CRM features. Strong on data quality, expensive for emerging managers who need a one-time list rather than ongoing subscription.
For first-time and emerging fund managers building their first LP pipeline, Altura Data's one-time $697 list is the fastest, most cost-effective starting point. See the full LP database comparison for a side-by-side breakdown.
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LP & Family Office Database
Full Investor Network
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5,800+ verified LP contacts. Filter by stage, sector, geography, and AUM. Build your 50-contact qualified outreach pipeline in under an hour.