MSCI has acquired PM Insights, a specialist provider of private markets data and analytics, to enhance transparency and analytics capabilities in the rapidly growing private assets space.
The acquisition strengthens MSCI’s strategy to deliver institutional-grade data, pricing transparency, and analytics for private market participants. PM Insights provides daily secondary market reference data, including pricing, valuation, transaction activity, and liquidity insights for private company securities.
As private companies remain private for longer periods, their scale and importance have increased significantly. PM Insights captures data from a network of institutional broker-dealers and bank secondary desks, covering private companies with an estimated combined equity market value exceeding $5.5 trillion as of April 2026.
By integrating this data into its platform, MSCI is expanding its ability to support portfolio management, performance measurement, and index creation in private markets. The company aims to help investors better understand, monitor, and value private equity investments while improving decision-making through more consistent and transparent data.
The financial terms of the transaction were not disclosed, and MSCI indicated that the deal is not expected to have a material financial impact. PM Insights’ results will be incorporated into MSCI’s Index segment.
KEY QUOTES:
“High-quality data, indexes and analytics are essential tools for investors navigating any asset class. Through the acquisition of PM Insights, we are bringing objective secondary market pricing, liquidity and reference data to our clients to support more robust portfolio construction and the development of indexes and analytics solutions. This move is another step in MSCI’s strategy to advance transparency and precision in this fast-growing asset class.”
Luke Flemmer, Head of Private Assets at MSCI
“Private markets investors are demanding greater transparency and consistency. By joining MSCI, we have an opportunity to shape a more transparent ecosystem built on robust, market-driven data and better support investors navigating this asset class.”
Nick Fusco, CEO of PM Insights
