S&P Dow Jones Indices Expands Private Markets Offering with Broad Private Equity Benchmarks in Collaboration with NewVest
"Private markets are experiencing a transformative moment, and S&P DJI is excited about the growing demand for data and benchmarks as these markets continue to evolve. Our commitment is to lead the way in developing innovative indices that accurately measure and represent this emerging asset class. We're thrilled to collaborate with NewVest to provide a broad, rules-based benchmark representative of institutional private equity portfolios through the S&P Private Equity 50 Indices," said
Designed to measure the performance of 50 of the largest available private equity funds for a year, the S&P Private Equity 50 Indices aim to provide market participants with an efficient and accessible view into some of the top funds in North American and European private equity. S&P DJI believes the new benchmarks capture broad, high-quality and diversified exposure in an innovative way that is enhancing transparency and scalability. The indices include:
- S&P Private Equity 50 2023 (Reserve - S&P 500) Index
- S&P Private Equity 50 2024 (Reserve - S&P 500) Index
- S&P Private Equity 50 2023 (Reserve - SOFR) Index
- S&P Private Equity 50 2024 (Reserve - SOFR) Index
"Private markets are too important to remain opaque. We are privileged to partner with S&P DJI on this historic first: benchmarks that redefine private equity as being both transparent and accountable. I believe this breakthrough will help ensure that moves such as the
Looking ahead, S&P DJI expects private markets to continue to play an expanding role in portfolio construction and risk management. At the same time, S&P DJI is working proactively with market participants to address the unique challenges in the private markets space.
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This work also reflects
For more information about NewVest, please visit https://www.newvest.com/.
NewVest, the private markets index manager, manages passively constructed private index portfolios that target diversified exposure to some of the largest private markets funds globally on an asset class-by-asset class and vintage period-by-vintage period basis. By doing so, NewVest believes its index portfolios can closely emulate the performance of individual private markets asset classes (such as private equity and private debt) on a vintage period-by-vintage period basis, and thereby provide simplified and streamlined access to private markets investments. See https://www.newvest.com/ for further details and relevant disclaimers.
Nothing herein relating to NewVest shall constitute an offer to sell or the solicitation of an offer to purchase an interest in any fund or investment vehicle that may be managed or advised by
Any such offer or solicitation shall be made to qualified investors only by means of delivery of appropriate documentation, including without limitation, offering memoranda and related limited partnership agreements and subscription agreements, as applicable, which will contain important information about the investment objectives, terms and conditions of an investment in any NewVest Vehicle, as applicable, as well as certain tax information, risk disclosures and information about conflicts of interest, all of which are relevant to an investment in any NewVest Vehicle. Past or projected performance is not necessarily indicative of future results. There can be no assurance that any NewVest Vehicle or any investment will achieve comparable results to those presented herein.
ABOUT
The S&P Private Equity 50 Indices are a product of
FOR MORE INFORMATION:
Global Head of Communications
(+1) 415 205 8414
silke.mcguinness@spglobal.com
(+1) 773 919 4732
alyssa.augustyn@spglobal.com
+44 (0) 79 70 887 863
asti.michou@spglobal.com
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