MSCI launches daily private markets indexes accelerating transparency drive
New York – March 25, 2026 – MSCI Inc. (NYSE: MSCI) has launched the MSCI Nowcasting (Daily NAV) Indexes introducing daily, decision-grade benchmarks for private credit and private equity and extending MSCI’s private capital benchmarks into a high-frequency, research-driven signal for private markets.
Private markets have traditionally reported on a quarterly cadence, creating material visibility gaps for investors between reporting cycles. Addressing the need for timely benchmark-grade signals that reflect market movements to support portfolio decisions, MSCI’s nowcasting capability delivers daily, decision-grade NAV estimates aligned with MSCI’s established benchmarks.
The new MSCI All Country Private Credit Index is built to help CIOs, risk teams and consultants identify credit-cycle inflection points, monitor private credit exposures daily and support governance and committee reporting. Complementing this, the MSCI All Country Private Equity Indexes provide a daily signal for private equity exposures. Together, the indexes enable daily inclusion of private assets in multi-asset risk models, support more timely monitoring and attribution between reporting cycles, and inform allocation and portfolio construction decisions.
MSCI nowcasting blends three sources of information to generate daily NAV estimates: MSCI’s private market benchmark architecture and fund cash-flow histories; a reweighted public-market proxy calibrated to the country and sector exposures of the underlying private benchmark; and newly reported fund NAVs from GPs. This approach is supported by robust statistical modelling, LP-sourced data that helps reduce selection bias, and strong index governance to ensure transparency and long-term scalability.
“Investors have long faced a trade-off between the credibility of benchmark-grade private market measures, and the timeliness modern portfolio and decision making requires,” said Luke Flemmer, Head of Private Assets at MSCI. “The MSCI Nowcasting Indexes remove that trade-off. By closing the visibility gap, they provide daily signals enabling more timely, confident allocation and risk decisions across private markets.”
The launch of these indexes reflects MSCI’s broader commitment to bringing greater transparency to private markets and equipping investors with tools, research and data required to support informed decision-making across their portfolios. To learn more, visit: www.msci.com/indexes/private-asset-indexes/nowcasting-indexes
About MSCI
MSCI Inc. (NYSE: MSCI) strengthens global markets by connecting participants across the financial ecosystem with a common language. Our research-based data, analytics and indexes, supported by advanced technology, set standards for global investors and help our clients understand risks and opportunities so they can make better decisions and unlock innovation. We serve asset managers and owners, private-market sponsors and investors, hedge funds, wealth managers, banks, insurers and corporates. To learn more, please visit our about page.
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