Morningstar, a provider of independent insights, has announced the upcoming launch of the Morningstar PitchBook U.S. Evergreen Fund Indexes. With the full suite expected to become available in first quarter 2026, these indexes will offer investors comprehensive peer group benchmarks designed to measure the performance of nontraded “semiliquid” or “evergreen” funds.
Spanning multiple asset classes through subindexes across private equity, private debt, real estate, infrastructure and multi-asset strategies, the Morningstar PitchBook U.S. Evergreen Fund Indexes will remove barriers in private markets to offer investors a data-driven view of how evergreen funds perform relative to public market alternatives, and one another.
Sanjay Arya, head of index innovation, Morningstar Indexes: “Despite the rapid growth of the evergreen fund market, investors have lacked essential tools to conduct due diligence and compare performance on a consistent basis. With the Mornin
