UK – AltAssets, the online private equity news and research service, has launched a global online private equity and venture capital funds listing service, which AltAssets claims is the first of its kind to receive regulatory approval.

AltAssets claims that the launch comes at a time of when fundraising is increasingly competitive.

The listing represents over 100 European and Asian funds already established and funds to be launched during the coming year.

Private equity firms will be able to access and update their own fund details online.

AltAssets director, Jamille Jinnah, says the interest shown in the scheme by institutional investors has been positive. “More than 200 of the world’s leading institutional investors have already signed up. There is undoubtedly a huge demand for information in this industry.”