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MSCI Buys Secondaries Market Data Company PM Insights
With the purchase, the index provider seeks to bring transparency to private market pricing, valuation, transaction and liquidity data.
Secondaries volume and pricing increases create an attractive avenue to liquidity for limited partners.
Used as an escape hatch when private equity is in the doldrums, this venue has become established enough to keep going in better days, strategists say.
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
Shane Feeney will oversee the secondaries program at the Toronto-based private markets investment firm.