You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Nasdaq has launched Nasdaq Private Capital Indexes to benchmark the performance of private market funds.  The firm joins several other market trackers aiming to provide greater transparency to historically opaque private markets by attempting to benchmark private-market investments. Such indexes could also potentially be used as references for ETFs.  Nasdaq Private Capital Indexes tr ...

Core Insights - FTSE Russell and StepStone Group have launched the FTSE StepStone Global Private Market Indices, marking a significant advancement in private market benchmarking [1][6] - The new indices provide daily data, addressing the need for timely and accurate private market performance metrics, which have historically suffered from reporting lags [2][4] Company Overview - FTSE Russell is a global leader in index provision, calculating thousands of indices that benchmark markets and asset classes in over 70 countries, covering 98% of the investable market globally [5][8] - StepStone Group is a global private markets investment firm managing approximately $723 billion in total capital, including $199 billion in assets under management as of June 30, 2025 [14] Product Features - The FTSE StepStone Global Private Market Indices utilize StepStone's proprietary data combined with FTSE Russell's indexing expertise to deliver a daily index series for private markets [6][4] - The indices include Daily Cash-Adjusted Indices and Daily Market Indices, providing a more granular and timely reflection of private market performance [7][6] Market Demand - There is a growing demand from investors for clear, daily benchmarks in private markets to enhance monitoring capabilities and integrate private market insights into total portfolio views [2][4] - The collaboration between FTSE Russell and StepStone aims to set a new standard for benchmarking, valuation, and modeling capabilities in private markets [4][3]