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In August, we focused on expanding the depth of our data with the addition of Form D filings, improving our soon-to-be-released email alert system, and refining our search functionality. Below, you’ll find detailed information on these enhancements, along with links to explore the new features directly within your OWL dashboard.
Data enhancements
Form D Data
In our quest to capture all publicly available data about managers, we’ve added Form D data to OWL. As a reminder, companies and managers must file a Form D with the SEC when they sell unregistered securities, including when a manager raises capital for a fund. This is a massive data set – we currently have nearly 650,000 filings going back to 2008.
With this data we’ve enabled two initial views:
- You can now see how much capital a manager has raised YoY on the “Capital Raised” tab in the Funds section of the manager profile. Note that the annual numbers are estimates for each specific year – the filings in each year represent capital raised in the last 12 months, which may include part of the prior year. This is also gross capital raised and does not account for any redemptions.
View the Capital Raised Data Here.
- You can also search all Form D filings from the past 90 days using the Form D Feed, located on the main lefthand sidebar. For instance, you can see recent hedge fund launches that have raised capital, including amount raised and minimum investment required:
Form Ds are a really exciting new data set for us, and we expect to add more features using this data throughout the year. Form Ds are often the first public disclosure for a new manager (even before a 13F or ADV) – a great source for allocators to find new managers before they are well-known. More features for that use case coming soon!
Product Enhancements
Email Alerts
Based on feedback from our customers, we are focused on launching email alerts in the coming weeks. For users that have set up custom portfolios of managers, these alerts will give you timely information about changes in your managers’ positions and estimated performance, as well as team changes at the firms. We recently launched emails internally for testing, and expect to beta launch this feature soon to any of our existing customers who would also like to receive alerts. Let us know if you would like to be included in our beta test – we’d be happy to include you if you can give us feedback along the way!
Manager Search Update
As we move towards a more unified and comprehensive search experience, we've moved filters and search functionality to a sidebar on the main Manager table, rather than having search as a separate page. On the manager table, the sidebar now enables users to filter for factors like confidence score, type of fund, position count, and market value.
These filters are just the beginning - we plan to continue to build out this search functionality with more data and filter options in the coming months.
Team View Updates
At the manager level, we broke out the views to make it easier to see team movements at the firm level. We now have Former Employees, Hires, and Promotions are all separate tables.
Similarly, for a custom portfolio of managers under My Portfolios, we now show separate tables for Departures, Hires, and Promotions. This will make it easier to quickly identify meaningful team changes across a portfolio of managers.
Small Updates
- We recently updated the Manager Navigation views on the left side to provide easier access to the pages our users like to visit most often. For each manager, you will now find Allocator and Employee views closer to the top.
- On manager holdings pages, closed positions are now greyed out at the bottom, making them easier to identify:
Many of these improvements in August were a response to feedback from our users. Please keep sharing your ideas and pain points, and we will continue to incorporate them into our product roadmap!
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