Morningstar PitchBook Buyout Replication Index
Capture the Key Characteristics of Buyout Investing in a Liquid Portfolio of Publicly Traded Stocks
Key Features
Morningstar PitchBook Buyout Replication Index
The index employs a systematic approach, combining top-down industry exposure aligned with the US buyout market and bottom-up company selection using dynamic public market data to identify stocks that resemble companies in private equity buyout funds.
 |
| Underpinned by PitchBook Data Utilizes PitchBook’s comprehensive data on buyout funds and transactions, providing a valuable window into the selection criteria of buyout managers. |
 |
| Powered by AI-Driven Innovation An advanced neural network identifies public companies with take-private characteristics such as strong free cash flows and stable margins. |
 |
| Captures the distinct characteristics of buyout portfolios Mirrors the sector and leverage profiles of private equity portfolios to deliver exposure that is truly comparable to private equity. |
 |
| Addresses return smoothing Provides daily marked-to-market updates to mitigate delays in private fund reporting and accurately reflect the true risk profile of the private equity asset class. |
ANALYSIS
Taking the Private out of Private Equity, with the Morningstar PitchBook Buyout Replication Index
Discover how the index systematically captures the fundamental characteristics of buyout investing within a portfolio of public equities.
PitchBook is a research firm and financial data provider that empowers global capital market professionals to win what’s next. We collect and analyze information on the entire investment and business lifecycle. Our data, research and insights are available through our in-depth reports, industry news, and robust platform.
KEEP CONNECTED
Insights from the Leading Edge
We keep up with the evolving needs of investors in a way that only Morningstar can: by leveraging our heritage as a trusted provider of data and research.