Skip to main content

Tired of Preqin's outdated data and complex interface?

You're not alone. Thousands of fund managers have felt the same frustration with Preqin. Here's what they tell us—and how LPbacked is different.

Try LPbacked Free

Sound familiar?

These are real frustrations we hear from fund managers who switched from Preqin.

Data freshness issues

LP profiles that haven't been updated in years. Contact info that bounces. Investment preferences from 2019.

Clunky, dated interface

Feels like software from 2010. Multiple clicks to find basic information. Exports that break.

Hidden pricing games

No public pricing. Custom quotes only. Weeks of back-and-forth with sales reps.

Limited contact depth

You get the LP name and maybe a general email. Good luck reaching the actual decision maker.

What Preqin users say

Emailed 50 LPs from Preqin, 20 bounced immediately

Interface is so slow I waste hours just searching

Asked for pricing, got scheduled for a 45-minute "discovery call"

Contact info is just "info@" generic emails

Data shows LPs that stopped investing years ago

How LPbacked fixes this

We built LPbacked because we were frustrated too. Here's what's different.

Stale data

Continuously verified contacts. We check emails before you see them.

Clunky interface

Modern, fast search. Find LPs in seconds, not minutes.

Pricing games

Pricing on the website. No sales calls. Sign up in 2 minutes.

Surface-level contacts

Direct emails and phone numbers for key decision makers.

Pricing comparison

Preqin

Custom pricing (typically $15,000-30,000/year)

  • Sales calls required
  • Annual commitment
  • Complex contracts
Recommended

LPbacked

From $99/month (transparent pricing)

  • Sign up instantly
  • Cancel anytime
  • No hidden fees

What you get with LPbacked

19,000+ Limited Partners

Family offices, pension funds, endowments, and more

Verified Email Addresses

Direct emails, not generic info@ addresses

Phone Numbers

Direct lines to decision makers

133 Countries

Global coverage, not just US or Europe

AUM & Investment Data

Know who can write the check you need

Export to CSV

Take your data wherever you need it

Frequently Asked Questions

How much does Preqin cost?

Preqin pricing is not publicly listed and requires a sales call. Based on user reports, Preqin costs between $12,000 and $81,000 per year depending on modules and seats. Most LP database access starts around $15,000-$30,000 annually. There's no monthly option—annual contracts only.

What is the Preqin database cost for a single user?

Single-user Preqin subscriptions typically start at $12,000-$15,000/year for basic access to one asset class. Full LP database access with multiple asset classes runs $25,000-$50,000/year. Enterprise packages with multiple seats can exceed $81,000/year.

Is there a cheaper alternative to Preqin?

Yes. Dedicated LP databases like LPbacked offer 19,000+ LP contacts from $99/month ($1,188/year)—about 90% less than Preqin. You lose Preqin's mandate tracking and allocation analytics, but get verified LP contact data at a fraction of the cost.

Can I get Preqin monthly instead of annually?

No, Preqin only offers annual contracts with no monthly billing option. This is a common frustration for fund managers with unpredictable fundraising timelines. Alternatives like LPbacked offer monthly billing with no long-term commitment.

Is Preqin worth it for emerging managers?

For most emerging managers raising Fund I or II, Preqin's $15K-$30K/year pricing is hard to justify. The ROI makes more sense for institutional fundraises over $500M where mandate intelligence drives LP targeting. Smaller funds often get better value from affordable LP databases.

How much does Preqin cost in 2026?

Preqin pricing in 2026 ranges from approximately $12,000 to $81,000 per year depending on the modules and number of seats. A single asset class module (e.g., private equity only) typically costs $12,000-$15,000 per year. Multi-asset-class access with LP database, fundraising data, and performance benchmarks runs $25,000-$50,000 per year. Full platform access with all modules and multiple seats can reach $81,000 or more annually. Preqin does not offer monthly billing—all contracts are annual with no month-to-month option.

Is Preqin worth the price?

Preqin is worth the price for institutional fundraising teams that rely on mandate intelligence, allocation tracking, and benchmark data to target LPs raising $500M+ funds. The platform's strength is showing which LPs are actively allocating, their historical commitments, and mandate requirements—data that can meaningfully improve LP targeting at scale. However, for emerging managers who primarily need LP contact information for outreach, Preqin's $12K-$81K annual cost is difficult to justify. A dedicated LP contact database at $99/month delivers verified emails and phone numbers without the enterprise price tag.

Can you get Preqin for free?

There is no free tier or freemium plan for Preqin. Preqin does publish limited free research reports, market insights, and quarterly data summaries on their website, but these do not include LP contact information or database access. Some universities and business schools have academic Preqin licenses that students and faculty can use for research purposes. Outside of academic access, the only way to use Preqin's LP database is through a paid annual subscription starting at $12,000 per year.

Ready to switch from Preqin?

No sales calls. No annual contracts. Just the LP data you need.

Get Started Free

Cancel anytime.