ALTSeek Ratings
Revealing October 31, 2026

Alternatives have been in the dark long enough.

ALTSeek Ratings is bringing a clearer, more consistent lens to alternative investments.

Independent analysis. Built for better sourcing and evaluation.

Example ALTSeek Ratings card showing a Tier 4 rating on a five-tier dial Example ALTSeek supporting scores APS 82.4, CDS plus 47.2, and FMRP 3.45, with a positive outlook and high confidence
One rating, supported by three independent scoring engines.
Launch date10.31.26

A new lens on alternatives is coming into focus.

Why ALTSeek Ratings

More information has not created more clarity.

Alternatives come with different structures, disclosures, liquidity terms, fee models, and operating risks. That makes consistent evaluation difficult, even for experienced firms.

ALTSeek Ratings is designed to organize that complexity into a structured, independent view that helps RIAs compare material characteristics and identify where deeper diligence may be needed.

What makes it a rating

One rating. Three independent engines.

A few performance data points can describe what has already happened. ALTSeek Ratings assess the investment itself: analytical quality, what 150+ structured screens reveal, and how the structure may withstand failure and stress.

APS0-100%
Analytical Profile Score
How strong is the overall profile?

Measures analytical strength across the factors that most influence quality and risk. APS is the primary driver of tier placement.

CDS-100 to +200
Comprehensive Diligence Score
What did the analytical screens reveal?

Reflects the aggregate results of 150+ structured screens across 16 review categories. Material concerns can drive the score into negative territory rather than being averaged away.

Screen-based analysis, distinct from Buttonwood's full due diligence review.
FMRP0.0-4.0
Failure Mode Resilience Profile
How does it hold up if things break?

Maps the ways an investment can fail and assesses its resistance to each, creating a forward-looking view of structural resilience.

The three scores are never averaged into one figure. They are designed to be read side by side. A strong analytical profile paired with fragile resilience tells you something a blended score would erase.

3independent scoring engines
150+analytical screens
16review categories
6failure modes stress-tested
Analysis beneath the signal

Built from findings, not just figures.

Hold periods, NAV, and distributions matter, but they do not tell you whether governance is sound, incentives are aligned, operations are resilient, legal exposure is contained, or the structure can withstand stress.

ALTSeek Ratings distill structured, independent analysis into a signal that can be read quickly and examined in depth. Every rating exposes its components, so firms can see why a program landed where it did.

22+years of independent alternatives research
Every timethe same framework applied across programs

Six failure modes. One resilience profile.

FMRP does not ask only how the investment looks today. It tests how the program is positioned to withstand the conditions that can undermine it.

FraudLiquidityOperational riskLegal exposureInvestment failureMisalignment
The five-tier system

A clear scale without reducing complexity to a verdict.

Tier 5Comprehensive · Broad analytical strength with few limiting considerations.
Tier 4Strong · Well-substantiated across most evaluation factors.
Tier 3Sound · Solid overall, with a moderate set of considerations to weigh.
Tier 2Conditional · A valid profile that carries meaningful conditions or constraints.
Tier 1Specialized · Purpose-built or structurally limited by design for specific mandates and situations.

A lower tier is not automatically a lesser investment. It can reflect a more specialized or condition-bound profile. The tier describes the assessed investment profile. It does not instruct a firm to buy, sell, hold, or recommend.

The distinction

Not another performance dashboard wearing a ratings label.

ALTSeek Ratings are built from structured, independent analysis. The framework evaluates quality, risk, and resilience before reducing that work to a clear, comparable signal.

SourceEvaluateImplementOversee
The technology is new. The intelligence behind it is not.
“A rating should sharpen diligence, not replace it.”

ALTSeek Ratings is independent analysis. It is not product approval, a recommendation, or a substitute for fiduciary judgment.

October 31, 2026

Be there when the picture becomes clearer.

Get launch updates, methodology previews, and the first ALTSeek Ratings insights.

The technology is new. The intelligence behind it is not: 22+ years of independent alternatives research from Buttonwood Due Diligence.