How large is your transaction database?

Answer

Our baseline factor model is constructed using 5,438 private market transactions that happened globally between 1999 and 2022.

Between 2013 and 2022, we observe over 300 transactions per year, translating to roughly over 25 transactions every month.

If private market liquidity remains unchanged, we expect to calibrate our model every month based on 25 new observed transactions on an ongoing basis, meaning our indices will reflect updated factor prices.