MSCI

Research Paper July 1, 2026 Mentioned in this paper: General Partner Solutions | Private Asset and Deal Metrics | Private Fund Metrics It will take more than capital to scale private markets. The signal is unmistakable: general partners (GPs) are directing budget toward data, analytics and AI, yet many operating models were not built for this level of complexity. As limited partners (LPs) raise expectations on realized performance, the gap between ambition and capability is clear.

London Climate Action Week underscored the growing importance of location in financial decision-making, as investors increasingly assess climate, geopolitical, supply-chain and infrastructure risks through granular, asset-level data and analytics. Physical climate risk is now financially material across investing, lending and insurance, expanding the conversation from exposure alone to building resilience and identifying adaptation-driven investment opportunities.

Most institutions still underwrite real assets the way they always have, on historical data. The problem is that the climate is no longer behaving the way the historical record would predict. Rainfall is heavier, heat is more persistent and water stress is spreading into markets that never priced for it. When the inputs are backward-looking, the risk is mispriced, and that mispricing compounds over the 20-to-30-year life of an asset.

New York – June 24, 2026 – MSCI Inc. (NYSE: MSCI) is enhancing its global physical climate risk capabilities with the acquisition of First Street, a leading provider of physics-based climate risk data and analytics for every property in the world. Investors, financial institutions and companies are demanding physical climate risk insights embedded directly into investment and risk workflows to inform critical financial decision making, as climate-related physical risks accelerate globally.

Join us as we recap the enhancements made to the Total Plan Manager platform during the second quarter of 2026.

Quick take 2 min read June 22, 2026 Mentioned in this quick take: MSCI’s Nature Financial Risk Metrics · GeoSpatial Asset Intelligence Capital markets are becoming increasingly aware of nature as a source of risk, but quantifying this risk at the company level remains challenging. MSCI’s Nature Financial Risk Metrics offer a first look at nature-related financial materiality, putting annual losses from water scarcity — the most wide-spread nature-related risk — at USD 485 billion a year.

Investors continue to seek ways to assess which companies are best positioned to navigate the energy transition and whether those characteristics are reflected in credit markets. Using the MSCI Energy Transition Framework, we examined whether companies’ transition profiles were associated with subsequent decarbonization, credit risk and cost of debt capital.

Infrastructure allocations continue to grow across institutional portfolios, increasing the need for more consistent approaches to understanding investment performance. As investors expand exposure across sectors, regions and risk profiles, comparing outcomes across fund structures and investment strategies has become increasingly nuanced. Questions around scale, ownership models, and portfolio composition are also playing a larger role in evaluating performance.

Quick take 2 min read June 16, 2026 SpaceX listed last week, the first of a possible wave of megacap IPOs. The index effect may be smaller than headlines imply. Under conservative free-float assumptions, the largest candidates would add less than 1.5% combined weight to the MSCI USA Index.1 A discretionary fund is a different matter. In a concentrated sector or thematic strategy, stock-specific and factor risks such as momentum and volatility can dominate.

Quick take 2 min read June 30, 2026 SpaceX’s record June 2026 listing, the largest IPO to date, revived a common misconception: that going public is the payday for private funds. The listing only starts the clock for these investors to exit their positions, however. We examined 2,617 private-capital investments that were exited after IPO and found that neither the listing itself nor the lock-up expiration was when most cash came back.