State Street Corporation, the global provider of financial services to institutional investors, has announced the addition of private equity, real estate asset data as well characteristics capabilities into the State Street Investment Analytics DashboardSM.
State Street said that for private equity and real estate investment professionals, the Investment Analytics Dashboard provides performance and analytical information including look-through capabilities to the underlying assets – both company and property. The dashboard captures partnership-level data for more than 2,500 private equity and 500 real estate investments. For each asset type, relevant performance data is provided, including long-term internal rates of return for private equity and time-weighted returns.
Customers can choose from performance calculations over multiple frequencies and valuation options, such as monthly (cash-adjusted values), quarterly (General Partner values), or a customized option. Historical data can also be integrated into the dashboard, enabling trend analysis for key metrics such as internal rates of return, contributions, and distributions. The dashboard also aggregates performance and exposure information across each customer’s entire plan, including public and private holdings for returns and exposures.
It says that the access to the private equity and real estate Dashboard is available to institutional plan sponsor clients of State Street’s Private Edge service. It plans to create more customized dashboards to meet the needs of different types of investment professionals.
William Pryor, Senior Vice President and Head of State Street Investment Analytics, said: “We have added the real estate and private equity functionality as well as characteristic information since the announcement of the Dashboard in April of this year. This rapid development cycle reflects the flexibility of the Dashboard and our underlying data warehouse to add new capabilities quickly and adapt to ever-changing customer needs.”
