ATLANTA, Nov. 10, 2016 /PRNewswire/ -- eVestment, the leader in institutional investment data and analytics, announced today the acquisition of Jersey City, N.J.-based Public Plan IQ, a SaaS-based, searchable platform that provides access to public pension plan reporting and board documents, including manager presentations, consultant recommendations, fee schedules, upcoming allocation changes, mandates and more. There are currently more than 10,000 documents housed on Public Plan IQ's platform. Public Plan IQ provides clients near-real-time updates via the Public Plan IQ web site and via customized, daily and weekly email alerts on pension plan allocations and other timely news. Public Plan IQ's pension plan asset reallocation information gives asset managers opportunities to engage on potential new mandates before the search is announced. This acquisition builds on eVestment's success in creating efficiency in the institutional investment and asset management industry. By collecting this information from hundreds of public plans, Public Plan IQ provides insights in one place that would be difficult and time consuming for a firm to collect on its own. "Institutional investors, consultants and managers have come to depend on eVestment to provide useful and powerful intelligence that allows them to make smarter decisions," said eVestment co-founder and CEO Jim Minnick. "Adding Public Plan IQ to our suite of solutions offers our clients one more way to gain valuable insights and competitive intelligence that can make a real difference in their work." Public Plan IQ was launched in 2015 by Debra Gregory, a well-regarded investment management professional with extensive experience in market research, product development and competitive positioning. The firm has about 80 clients representing more than $15 trillion in AUM, including investment managers, single fund alternative mangers, placement agents, consultants, private markets managers, broker dealers and real estate investors. "I'm excited about the opportunity that eVestment provides to grow the utility and value of the Public Plan IQ solution," said Gregory. "Combining eVestment's global reach, amazing reputation and focus on client needs with the power of the Public Plan IQ solution creates exceptional value for all our clients."