Two data firms owned by JP Morgan Chase & Co are to offer valuations of private equity assets.
PricingDirect and Aumni have entered a strategic partnership to provide independent valuations of private equity securities.
“In the past few years, we’ve witnessed a significant increase in allocations to alternative assets. With over two decades of valuation experience in public markets, we are delighted to deliver solutions for private equity valuations to managers and allocators,” said Neil Hyman, CEO of PricingDirect.
“With the powerful combination of PricingDirect’s valuation expertise and Aumni’s leading private market data structuring capabilities and insights, we can bring streamlined and tech-enabled capabilities to private markets participants.”
