Core Insights - Nasdaq has launched the Nasdaq Private Capital™ Indexes, a new suite of benchmarks aimed at enhancing transparency and robustness in private markets [2][3] - The indexes are designed to assist institutional investors and consultants in benchmarking performance and navigating private capital markets effectively [2][4] Group 1: Product Features - The Nasdaq Private Capital™ Indexes are constructed from over 14,000 institutional private market funds, representing more than $11.4 trillion in global assets under management (AUM) [4] - The indexes utilize a documented, rules-based methodology that includes Modified Dietz quarterly performance measurement and NAV-weighted aggregation [4][5] - The suite covers various private capital strategies, including private equity, buyout, venture capital, private debt, fund of funds, and real estate [4] Group 2: Market Context - The private markets are experiencing rapid growth and increasing complexity, yet they remain fragmented with inconsistent benchmarks and limited interoperability [4][6] - As allocations to private markets increase, there is a growing demand for greater transparency and stronger operational infrastructure from institutions [6] Group 3: Delivery and Integration - The Nasdaq Private Capital™ Indexes will be delivered through Nasdaq eVestment TopQ+, Nasdaq Global Index Watch (GIW), and other data licensing channels [5] - The indexes aim to provide objective, rules-based benchmarks that enhance risk and return reporting capabilities and facilitate data management and system integration [5]