MSCI, UBS Partner to Expand AI-Powered Private Markets Data Platform

MSCI Inc. (NYSE: MSCI) and UBS Group AG announced a partnership to expand MSCI’s AI-powered private markets platform, combining MSCI’s independent data, analytics, and models with UBS’s alternatives expertise and global client insights.
Financial terms of the MSCI-UBS partnership were not disclosed.
The companies said the partnership is intended to address longstanding industry challenges in private markets, including fragmented data and limited transparency, by creating a more connected and standardized experience across the private markets investment lifecycle. The platform combines fund discovery, portfolio management, analytics, and benchmarking tools within a single system, and pairs automated data processing with independent performance data from MSCI to give investors more timely and consistent insights across portfolios.
“MSCI has long been committed to bringing independence, transparency, and innovation to global investors,” said Henry Fernandez, chairman and chief executive officer of MSCI. “As private markets become an increasingly important part of the investment landscape, investors are looking for the insights, rigor and accessibility that they have come to expect in public markets. By combining MSCI and UBS’s respective strengths, we aim to help build the infrastructure that can shape the future of private markets investing.”
UBS said it will be an early adopter of the platform, drawing on its position as a limited partner through its unified global alternatives business, along with its wealth management and asset management perspectives, to help drive broader market adoption and standardization across private markets.
“This partnership builds on our long-standing relationship with MSCI and our shared ambition to increase transparency in private markets,” said Sergio P. Ermotti, group CEO of UBS. “Through our collaboration with MSCI, our goal is to help shape the next generation of private markets portfolio management solutions and transform the decision-making process for clients across public and private markets.”
The deal follows a broader pattern of large wealth managers and data providers building out private-markets infrastructure. UBS previously partnered with Envestnet and iCapital in 2022 to launch the Alternatives Exchange, a platform giving Envestnet’s adviser network access to private-market funds. Separately, iCapital has been consolidating private-markets data and compliance tools through acquisitions, including its 2024 purchase of AI-driven data aggregation firm AltExchange and its 2026 acquisition of investor-onboarding and compliance platform Passthrough. The MSCI-UBS partnership adds a data-and-analytics-focused index provider to that trend, rather than a wealth-tech distribution platform.


