REPORTS

Our analyses covering private equities, private infrastructure and infra debt markets.
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Q4 2025 private2000® Index Report

Feb. 05, 2026
The private2000® Index, which tracks 2,000 unlisted private companies globally, posted strong returns to finish the year with a 6.68% return for the quarter ending December 31, 2025, including a 0.92% return in December. For the full year, returns were 4.78%. Returns improved after a weak start to the year during Q1, which reflected in part, uncertainty around tariff policies....
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Q4 2025 infra300® Debt Index Report

Feb. 05, 2026
The infra300® Debt index is a representative market index that accurately reflects the monthly performance of recent senior debt from the 300 unlisted infrastructure companies that are also the constituents of the infra300 equity index. Among the highlights of Q4 2025: The Infra300 Debt Index delivered improved performance in Q4 2025 relative to Q3 2025, posting a 0.70% quarter-over-quarter total...
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Q4 2025 infra300® Equity Index Report

Feb. 05, 2026
The infra300® index, widely recognised as the industry benchmark for infrastructure performance, tracks the monthly returns of 300 unlisted infrastructure companies worldwide. This index spans a diverse range of sectors, offering a holistic view of global infrastructure market trends and performance. Among the highlights of Q4 2025: The infra300® index delivered a quarter-over-quarter total return of 1.89% in Q4 2025...
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Q4 2025 infra100® Index Report

Feb. 05, 2026
The infra100® Equity index is a global representation of the 100 largest unlisted infrastructure companies. It is a market benchmark designed to provide an accurate reflection of the performance of large cap unlisted infrastructure. Among the highlights of Q4 2025: The infra100® index recorded a quarter-over-quarter total return of 1.93% in Q4 2025, with performance supported by strong cash income...
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Q4 2025 infraGreen Index Report

Feb. 05, 2026
The infraGreen index is a benchmark for private renewable infrastructure investments, accurately reflecting the performance of unlisted companies in the renewable energy sector. Among the highlights of Q4 2025: The infraGreen® index delivered a quarter-over-quarter total return of 1.79% in Q4 2025 and 7.28% for the full year 2025, reflecting steady performance from renewable infrastructure assets despite a moderation in...
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Is Your NAV Fair? Addressing Valuation Lag and Investor Fairness in Monthly-Priced Funds

Jan. 26, 2026
As Evergreen private equity and infrastructure funds offer monthly dealing while relying on infrequent and delayed underlying valuations, the integrity of interim NAVs becomes a critical issue for investor fairness. Need For Monthly NAVs The proliferation of Evergreen products across private equity and infrastructure equity requires more frequent data and valuations, given monthly subscriptions and quarterly redemptions. Existing practices still...