FTSE Russell and StepStone Launch Daily Global Private Market Indices
FTSE Russell, a market index provider, and StepStone Group, a private markets investment firm, have introduced the FTSE StepStone Global Private Market Indices.
These indices provide daily performance insights for global private markets, addressing reporting lags and fragmented datasets challenges by offering daily, mark-to-market estimates.
- The indices combine StepStone's private funds data with FTSE Russell's index design.
- This collaboration delivers a clearer and timely view of private market activity.
The initiative supports total portfolio benchmarking and lays the foundation for index-tracking investment products when integrated with FTSE Russell's public market index suite.
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Author's summary: FTSE Russell and StepStone launch daily global private market indices.
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