XTAL to Launch Private Equity Benchmarks.
Fintech XTAL Strategies is launching a suite of regulated, representative benchmarks on unlisted private market funds. The initial products will benchmark buyout funds.
Compliance in private markets benchmarking is an imminent need. New benchmark regulation, initially enacted in Europe, is expected to spread and impact investors at the global level. As a first step, the EU Benchmark Regulation (BMR – EU 2016/1011), which enters into force on January 1, 2022, will require EU-supervised users of indices to only use benchmarks that comply with the EU BMR.
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