GROWING interest in private markets is creating demand for more and better data on these relatively opaque assets, although improvements may be several years away.

Challenges include the cost of gathering data, and the disparate nature of private markets. As this market segment matures, however, various push and pull factors are emerging.

A survey commissioned by financial services provider State Street of nearly 500 investment institutions worldwide flagged a demand for data platforms that allow these market participants to analyse their private markets holdings in the same way they analyse their public markets holdings.