Alternative investing, like so many other industries, has become data driven. And as LPs gain access to more data from their GPs, it gives them powerful new ways to identify opportunities, mitigate risks, reduce costs, and improve investment performance. But more data is only valuable when LPs have the systems, processes, and expertise in place to manage the data and leverage the insights that it provides. It can be a daunting task, and many LPs, still in the early stages of that journey, are wondering where to focus their energies and resources first.