Core Insights - Morningstar has completed two strategic acquisitions to enhance its capabilities in private credit and structured finance [1] - The acquisitions include Lumonic Inc., focused on private credit portfolio monitoring and management, and Dealview Technologies Limited, which provides standardized data services for CMBS and CLO [1] Group 1: Comprehensive Service Ecosystem - Morningstar is building a comprehensive service ecosystem that covers both public and private investment markets, leveraging PitchBook for extensive private data and insights [2][3] - The integration of Lumonic and DealX aims to enhance transparency in the credit market and empower investors with comprehensive portfolio solutions [3] Group 2: Lumonic's Role in Private Credit - Lumonic, established in 2023, is designed for private credit institutions, offering automated compliance monitoring and AI-driven portfolio analysis [4] - The acquisition allows PitchBook to enter the rapidly growing private credit portfolio management sector, enhancing client management efficiency [4] Group 3: DealX's Contribution to Structured Finance - DealX has a strong foundation in standardized data for CMBS and global CLO, which complements Morningstar's credit rating capabilities [5][6] - The acquisition will enhance the functionality of the CRE Analytics platform, addressing the increasing demand for high-quality standardized reporting in structured finance [6]

以下文章来源于清科研究 ，作者创造价值的 清科研究 . 清科创业（01945.HK）旗下清科研究中心致力于为众多的有限合伙人、VC/PE机构、战略投资者、以 及政府机构、律师事务所、会计事务所、投资银行、研究机构等提供专业的信息、数据、研究和咨询服 务。 6大看点。 作者 | 清科研究 来源 | 清科研究 （ID：pedata2017） 自我国首只政府投资基金设立以来，在国家政策推动下，全国各地不断创新财政支持方 式，政府投资基金得以高速发展，在服务实体经济、促进产业升级与创新创业等方面发 挥了重要引导和支持作用。根据清科创业（01945.HK）旗下清科研究中心统计，截至 2024年上半年，我国累计设立政府引导基金2,126只，已认缴规模约7.40万亿元；剔 除PPP基金后，产业类和创投类引导基金有1,975只，已认缴规模约6.15万亿元。与此 同时，部分政府投资基金也在实践运作中出现了基金功能定位重复、投向与当地产业匹 配度不高、市场化不足等问题，影响了财政资源配置与利用效率。而此前最新一份专门 围绕政府投资基金的国家政策即为2020年财政部印发的《关于加强政府投资基金管理 提高财政出资效益的通知》（财预〔 ...