Key Takeaways
- • FTSE Russell (LSEG subsidiary) and LPX AG have expanded their infrastructure partnership, with FTSE Russell now managing calculation, administration, and global distribution of LPX's listed private equity and private credit indices.
- • The co-branded indices combine LPX's specialized research expertise and methodologies in listed alternatives with FTSE Russell's institutional-grade governance framework and worldwide distribution infrastructure.
- • The partnership creates a framework for joint development of new indices and data services, addressing accelerating investor demand for transparent, rules-based benchmarks across listed private markets and alternative asset classes.
- • Existing LPX clients remain contracted with LPX while benefiting from expanded global visibility across regions, platforms, and investment channels through FTSE Russell's distribution network.
- • The expansion positions FTSE Russell as an index provider across the full investable universe as institutional investors increasingly pursue total portfolio allocation approaches spanning both listed and private assets.
Summary
FTSE Russell, the London Stock Exchange Group's global index provider, and LPX AG, a specialist research and index firm focused on listed alternative investments, have formalized an expansion of their existing infrastructure partnership. Under this enhanced collaboration, FTSE Russell will assume responsibility for the calculation, administration, and global distribution of LPX's comprehensive suite of listed private equity and private credit indices, while LPX retains methodological control and client relationships.
The co-branded indices represent a strategic integration of complementary capabilities: LPX brings deep-rooted research expertise and proprietary data in listed alternatives developed over an extended period, while FTSE Russell contributes its robust index governance framework, operational standards, and extensive global distribution infrastructure. This structure allows existing LPX clients to maintain their contractual relationships while gaining access to significantly expanded distribution and visibility across international regions, trading platforms, and investment channels.
Beyond the existing index suite, the partnership establishes a framework for joint development of new indices and data services. This collaborative approach directly addresses a documented acceleration in investor demand for transparent, rules-based benchmarks tailored to listed private markets and broader alternative asset classes. According to Gerald Toledano, Group Head of Equity and Multi Assets at FTSE Russell, the partnership reinforces the firm's strategic positioning as "the index provider of choice across the full investable universe" amid growing institutional adoption of total portfolio approaches that allocate simultaneously across listed and private assets with varying liquidity profiles and instruments.
Managing Partners Michel Degosciu and Robin Jakob of LPX emphasized that the partnership enables the firm to "scale this expertise globally while maintaining the independence and methodological rigour our clients rely on." The expansion reflects institutional demand for institutional-quality benchmarking solutions that preserve specialized research independence while delivering institutional-scale operational infrastructure and market access.
The co-branded indices represent a strategic integration of complementary capabilities: LPX brings deep-rooted research expertise and proprietary data in listed alternatives developed over an extended period, while FTSE Russell contributes its robust index governance framework, operational standards, and extensive global distribution infrastructure. This structure allows existing LPX clients to maintain their contractual relationships while gaining access to significantly expanded distribution and visibility across international regions, trading platforms, and investment channels.
Beyond the existing index suite, the partnership establishes a framework for joint development of new indices and data services. This collaborative approach directly addresses a documented acceleration in investor demand for transparent, rules-based benchmarks tailored to listed private markets and broader alternative asset classes. According to Gerald Toledano, Group Head of Equity and Multi Assets at FTSE Russell, the partnership reinforces the firm's strategic positioning as "the index provider of choice across the full investable universe" amid growing institutional adoption of total portfolio approaches that allocate simultaneously across listed and private assets with varying liquidity profiles and instruments.
Managing Partners Michel Degosciu and Robin Jakob of LPX emphasized that the partnership enables the firm to "scale this expertise globally while maintaining the independence and methodological rigour our clients rely on." The expansion reflects institutional demand for institutional-quality benchmarking solutions that preserve specialized research independence while delivering institutional-scale operational infrastructure and market access.
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