Private assets are growing rapidly, fueled by institutional allocations and increasing flows from private wealth. Yet the industry remains constrained by a lack of transparency, with no common system to effectively classify exposures, measure performance or communicate strategies.
MSCI is addressing this challenge with the launch of MSCI PACS, a proprietary asset classification framework designed to bring order, comparability and consistency to private markets. Covering a wide array of private assets — including private companies, real estate and infrastructure — PACS provides granular classifications that can be used to benchmark, analyze and communicate portfolio strategies and performance effectively across the investment lifecycle.
MSCI PACS is a global taxonomy created specifically for private assets. It builds on MSCI’s decades of experience in providing standards and tools, including the Global Industry Classification Standard (GICS), that are used to cate
