State Street Advances Daily NAV Capabilities for Private Markets Strategies in Support of Apollo's Daily Pricing Initiative
Business Wire•28/10/2026•07:30 ET
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Key Highlights
- ➤State Street implements daily NAV model for certain private markets strategies
- ➤Apollo expands daily pricing across its private credit business
- ➤Daily reporting replaces monthly and quarterly valuation schedules for supported funds
- ➤Half of surveyed firms plan to increase private market allocations over two years
Expert Statements
Donna Milrod, Chief product officer of State Street
“The next phase of private markets will be defined as much by infrastructure as by investment opportunity”
Donna Milrod, Chief product officer of State Street
“As private assets reach more investors, expectations around transparency, valuation and reporting are changing.”
Donna Milrod, Chief product officer of State Street
“This work expands State Street's existing daily valuation capabilities and demonstrates how private market funds can provide more timely information and reporting while maintaining the characteristics that make private markets unique.”
Eric Needleman, Partner and Head of Apollo Capital Solutions
“Expanding daily pricing across our credit platform reflects our commitment to providing investors with greater price transparency and more regular access to information as private credit continues to evolve”
Eric Needleman, Partner and Head of Apollo Capital Solutions
“This innovative initiative required significant collaboration across key providers, and we're pleased to have worked with State Street and others to make it possible.”
State Street Advances Daily NAV Capabilities for Private Markets Strategies in Support of Apollo's Daily Pricing Initiative
* Enabling daily valuation and reporting for investment strategies that have traditionally operated on monthly and/or quarterly schedules
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