Alternative Decisions has launched a legal alerts service for the alternative investment industry using Linex Systems technology.

The new service publishes reports from lawyers on issues affecting the alternative investment industry.

The service aggregates and filters legal papers/advice as they are released by legal partnerships and boutique practices on topics relevant to professionals in the hedge fund, private equity and real estate industry.

A brief summary of each report and a secure link are stored in Alternative Decisions Library. These reports are accessed through a one page snapshot where users click straight through to the article they want to read.

Lawrie Chandler, co-founder of Alternative Decisions, says: "With increasing regulation, the time and effort which has to be dedicated to the task of compliance in marketing, management and regulation grows daily. The euphoria around Ucits hedge funds and Europe's new alternative rules means the environment changes daily too. Getting access to relevant legal opinion in one secure area saves time."

Mathew Dickinson, managing director of Linex Systems, adds: "There is a growing demand for knowledge and Linex Systems has been consolidating legal opinion and news since 2002. We are excited to be providing a specific niche service to hedge fund practitioners consolidating content from our legal network."

Content from legal experts now sits alongside investment updates uploaded directly from fund managers which develops the direct-to-user channel Alternative Decisions was created to serve.

The service aggregates opinions from across Continental Europe, Asia Pacific and the Americas.