MSCI Inc. announced the completion of its acquisition of PM Insights, a specialist private‑markets data and analytics firm that delivers daily secondary‑market reference data for private company securities, including pricing, valuation, transaction and liquidity information. The transaction value was not disclosed, and MSCI said the financial impact is not expected to be material to the company.
PM Insights, founded in 2021 by Nick Fusco and operating as the trade name of ApeVue Inc., employs about eight people and aggregates daily pricing for private stocks from institutional broker‑dealers and bank secondary desks. The firm’s data covers a private‑market universe with an estimated market capitalization of more than $5.5 trillion as of April 2026.
MSCI’s private‑markets strategy has accelerated in recent years, following the $697 million acquisition of The Burgiss Group in August 2023. The company’s Private i platform, Private Capital Indexes and other analytics tools are designed to provide institutional investors with transparency and precision in an asset class that is growing as companies stay private longer. The PM Insights acquisition expands MSCI’s footprint in this segment and adds a high‑frequency data source that complements its existing offerings.
"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," said 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," added PM Insights CEO Nick Fusco.
The acquisition is expected to accelerate product development within MSCI’s Private Capital Solutions suite and broaden its addressable market in the private‑markets segment. PM Insights’ financial results will be reported within MSCI’s Index segment, and the company reiterated that the transaction’s financial impact is not material. By integrating PM Insights’ daily reference data, MSCI aims to offer more comprehensive pricing and valuation benchmarks for private equity and credit assets, reinforcing its competitive position in the data and analytics space.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.