On February 10, Nasdaq launched the Private Capital Indexes, a suite of benchmarks constructed from performance data on over 14,000 institutional private-market funds representing $11.4 trillion in assets under management. The indexes employ a documented, rules-based methodology to deliver consistent performance measurement and risk reporting.

The Private Capital Indexes address long-standing fragmentation in private markets by aggregating LP-reported fund performance into standardized benchmarks. This initiative enhances data interoperability and supports more informed decision-making for institutional investors seeking robust metrics in private markets.

By expanding its private capital solutions platform, Nasdaq positions itself to capture additional fee revenue through index licensing and data services. The new benchmarks cater to rising demand for transparency and comprehensive performance analytics in alternative investments, underpinning the company’s long-term growth strategy.