Global index provider Solactive has partnered with private equity data provider CEPRES to introduce the Solactive CEPRES US Private Equity Replicator Index.
The index offers exposure to North American-focused buyout funds by mirroring their performances with publicly listed securities from the Solactive GBS United States 500 universe. It is aligned with the industry distribution of net asset values of private equity investments at a deal/portfolio company level in the respective market.
In a press statement, Timo Pfeiffer, Chief Markets Officer at Solactive, said: “We are thrilled to collaborate with CEPRES on this first of many ventures, capitalising on their expertise in private equity data networks alongside our proficiency in index creation to introduce this pioneering product.”
