LPX is entering into an enhanced partnership with FTSE Russell

FTSE Russell expands alternatives index offering through LPX partnership

FTSE Russell, LSEG’s global index provider, and LPX AG (“LPX”), a specialist research and index provider in listed alternative investments, today announced an expansion of their existing infrastructure partnership. The collaboration aims to further develop and expand a comprehensive range of listed private equity, private credit and broader listed alternatives indices.

Under the partnership, FTSE Russell will manage the calculation, administration and global distribution of LPX’s established suite of listed alternative indices, whilst existing clients will remain contracted with LPX. These established indices will be co-branded, combining LPX’s long-standing research expertise in listed alternatives, with FTSE Russell’s robust index governance and extensive distribution capabilities.

The partnership provides the framework for FTSE Russell and LPX to collaborate on the development of new indices and data services responding to growing investor demand for transparent, rules-based benchmarks across listed private markets and alternative asset classes.

Gerald Toledano, Group Head of Equity and Multi Assets at FTSE Russell, commented:
“As total portfolio approaches accelerate and investors increasingly allocate across listed and private assets, liquidity profiles and instruments, our partnership with LPX reinforces FTSE Russell’s position as the index provider of choice across the full investable universe.”

Michel Degosciu and Robin Jakob, Managing Partners at LPX, said:
“LPX has built deep expertise in listed private markets, underpinned by long-standing research, benchmark development and proprietary data. Through our partnership with FTSE Russell, we can scale this expertise globally while maintaining the independence and methodological rigour our clients rely on. Combining LPX’s data with FTSE Russell’s global distribution creates a strong platform for the next generation of listed private markets indices — expanding access to transparent, consistent and trusted benchmarks as the market continues to evolve.”

The collaboration follows FTSE Russell’s previously announced partnership with StepStone on daily private market indexing empowered by actual fund-level data.

 

About FTSE Russell, an LSEG business

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $19.89 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by LSEG.

For more information, visit FTSE Russell.

 

About LPX

LPX is a fully independent research house specialising in listed alternative asset classes, including Listed Private Equity, Listed Infrastructure and Listed Private Credit. For more than 20 years, LPX has supported investors globally through proprietary research, transparent benchmarks and analytical solutions designed to improve understanding, comparability and performance measurement across listed alternatives.

LPX works with institutional investors, asset managers, financial institutions, advisors and academic organisations, providing specialist insights and research-based solutions for listed alternative markets. Its approach combines independence, market expertise, academic rigor and methodological discipline, and has made LPX a trusted reference point in listed alternatives.

LPX Rebalancing Announcement April 9, 2026

1. LPX Composite Index

  • No additions or exclusions during this cycle.
  • Technical adjustment only: Sofina SA (SOF BB) – step 5/8 of phased inclusion (increase by additional 1/8 of capped shares).

2. LPX Direct US

  • No additions or exclusions during this cycle.

Announcement Dates

  • Announcement of new number of shares (Share Fixing Date): Thursday, April 2, 2026
  • Announcement of new number of shares (Share Fixing Date) for LPX Direct US: Wednesday, April 8, 2026
  • Date of chaining (based on closing prices): Thursday, April 9, 2026
  • Effective Date: Friday, April 10, 2026

Published by LPX AG, Florastrasse 17, CH-8008 Zurich, Switzerland.

LPX Rebalancing Announcement January 8, 2026

1. LPX Composite Index

  • No additions or exclusions during this cycle.
  • Technical adjustment only: Sofina SA (SOF BB) – step 4/8 of phased inclusion (increase by additional 1/8 of capped shares).

2. LPX Major Market Index

  • Included: Capital Southwest Corp. (CSWC UW)
  • Excluded: Prospect Capital Corporation (PSEC UW)

3. LPX50 Index

  • Included: CVC Capital Partners plc (CVC NA)
    Phased inclusion step 1/2 with 50% of capped shares
  • Excluded: Compass Diversified Holdings (CODI UN)

4. LPX Direct US

  • Included: Molten Ventures plc (GROW LN)
  • Excluded: Compass Diversified Holdings (CODI UN)

5. LPX Listed Private Credit Index AUD Hedged

  • No changes in index composition.
  • Index subject solely to technical rebalancing in accordance with the Index Guide.

6. LPX Regional Indices

  • LPX Europe: Inclusion of CVC Capital Partners plc (CVC NA); Exclusion of VNV Global AB (VNV SS)
  • LPX America: Inclusion of Fidus Investment Corp. (FDUS UW) and Gladstone Capital Corp. (GLAD UW);
    Exclusion of Crescent Capital BDC, Inc. (CCAP UQ) and Compass Diversified Holdings (CODI UN)
  • LPX UK: No changes

7. LPX Style Indices

  • LPX Direct: Inclusion of Molten Ventures plc (GROW LN); Exclusion of IP Group Plc (IPO LN)
  • LPX Buyout: Inclusion of Barings BDC Inc. (BBDC UN) and Mutares SE & Co. KGaA (MUX GY);
    Exclusion of Compass Diversified Holdings (CODI UN) and BlackRock TCP Capital Corp. (TCPC UW)
  • LPX Mezzanine: Inclusion of Blue Owl Capital Corp. (OBDC UN) and Carlyle Secured Lending Inc. (CGBD UW);
    Exclusion of ICG plc (ICG LN), Horizon Technology Finance Corp. (HRZN UW) and Phenixfin Corp. (PFX UQ)
  • LPX Venture: No changes
  • LPX Indirect: No changes

Announcement Dates

  • Announcement of new number of shares (Share Fixing Date): Friday, January 2, 2026

The share fixing will be performed using closing prices as of 31 December 2025 (New Year holiday adjustment).

  • Announcement of new number of shares (Share Fixing Date) for LPX Direct US: Wednesday, January 7, 2026
  • Date of chaining (based on closing prices): Thursday, January 8, 2026
  • Effective Date: Friday, January 9, 2026

Published by LPX AG, Florastrasse 17, CH-8008 Zurich, Switzerland.

DLX / LPC Rebalancing Announcement January 8, 2026

1. LPX Listed Private Credit Index AUD Hedged

  • No changes in index composition.
  • Index subject solely to technical rebalancing in accordance with the Index Guide.

2. DLX Direct Lending Index

  • No changes in index composition.
  • Index subject solely to technical rebalancing in accordance with the Index Guide.

Announcement Dates

  • Announcement of new number of shares in the index (Share Fixing Date): Friday, January 2, 2026

The share fixing will be performed using closing prices as of 31 December 2025 (New Year holiday adjustment).

  • Date of chaining (based on closing prices): Thursday, January 8, 2026
  • Effective Date: Friday, January 9, 2026

Published by LPX AG, Florastrasse 17, CH-8008 Zurich, Switzerland.

NMX Rebalancing Announcement January 8, 2026

1. NMX Composite Index

Included: Tokyo Metro (9023 JT); Globalstar (GSAT UW); Companhia de Saneamento de Minas Gerais (CSMG3 BS).
Excluded: China Water Affairs (855 HK); Zhejiang Expressway (576 HK); Iridium Communications Inc. (IRDM UW).

2. NMX30 Infrastructure Global

No changes in index composition.

3. NMX30 USD Infrastructure Global

No changes in index composition.

4. NMX Europe

No changes in index composition.

5. NMX Asia

Included: Tokyo Metro (9023 JT).
Excluded: China Water Affairs (855 HK).

6. NMX America

Included: Globalstar (GSAT UW).
Excluded: Iridium Communications Inc. (IRDM UW).

Announcement Dates

Announcement of new number of shares (Share Fixing Date): Friday, January 2, 2026.
The share fixing will be performed using closing prices as of 31 December 2025 (New Year holiday adjustment).

Date of chaining (based on closing prices): Thursday, January 8, 2026.
Effective Date: Friday, January 9, 2026.

Published by LPX AG, Florastrasse 17, CH-8008 Zurich, Switzerland.