MSCI (MSCI) is up about 3% today, extending gains tied to its private-markets expansion following the April 7, 2026 announcement that it acquired PM Insights. The acquisition is being treated as a strategic step to strengthen MSCI’s ability to deliver pricing, liquidity signals, and analytics for private companies—an area where institutional demand has been rising as more value creation shifts to private markets. (msci.com)

PM Insights aggregates private-company data sourced from institutional broker-dealers and bank secondary desks, and the dataset spans firms with more than $5.5 trillion in estimated aggregate market capitalization as of April 2026. The functionality is aimed at helping investors and other market participants better observe private-market price discovery and liquidity conditions, which can support underwriting, risk management, and portfolio monitoring across alternatives. (sahmcapital.com)

The PM Insights purchase follows MSCI’s early-March 2026 acquisition of Compass Financial Technologies, which broadened MSCI’s ability to design, calculate, and support complex indexes across multi-asset and alternative use cases. Together, the moves underscore a strategy of deepening data and infrastructure across both public index-linked products and private-assets workflows—potentially widening MSCI’s addressable market beyond traditional index licensing. (msci.com)