LPX Composite NAV P/D

The LPX Composite NAV P/D measures the price-to-book ratio (Premium/Discount) of Listed Private Equity over time. The index is based on the NAV of Listed Private Equity companies and the corresponding market prices. The index aims to reflect the average pricing level of the global Listed Private Equity market. LPX Composite NAV P/D is diversified across private equity investment styles, financing styles and vintages. The index is published in percentage figures where a negative index value represents a discount and a positive index value a premium when compared to the fundamental NAV valuation. The index is distributed to a broad array of data vendors with daily frequency.