December 4, 2025

Addressing private market data challenges

A keynote interview from Private Equity International's LP Perspectives 2026 Study

Gerald Toledano

Head of Equity and Alternatives, FTSE Russell

Ali Zaidi

Head of Real Assets and Alternatives, FTSE Russell

Tom Keck

Co-founder, StepStone Group

Private markets are expanding rapidly as institutional and retail allocations grow and regulatory changes broaden access globally. This growth brings new challenges: fragmented and inconsistent data, lack of standardisation, and significant latency that hinders timely decision-making. In a recent interview, thought leaders from FTSE Russell and StepStone Group discussed how these issues are being addressed and what innovations are shaping the future.

Key takeaways:

  • Rising Demand: Increased allocations and regulatory developments are driving exponential demand for granular, timely private market data
  • Investor Challenges: Data fragmentation, inconsistent methodologies, and latency make it difficult to build a coherent, real-time view
  • Innovative Solution: Launch of FTSE StepStone Global Private Market Indices, the first daily, fund-level benchmarks offering cash-adjusted and mark-to-market methodologies
  • Future Outlook: Broader adoption will enable liquidity solutions, enhance transparency, and unlock deeper insights into risk, factor exposures, and liquidity premiums