MSCI Inc. (NYSE: MSCI) and UBS Group AG have announced a strategic partnership aimed at expanding transparency across private markets, according to a joint press release from the two companies.

The partnership will combine MSCI's data, analytics and modeling capabilities with UBS's alternatives investment expertise. UBS will serve as an early adopter of MSCI's AI-powered platform, which integrates fund discovery, portfolio management, analytics and benchmarking tools within a single system.

The platform is designed to address data fragmentation and limited transparency in private markets by automating data processing and providing independent performance data. The collaboration also aims to connect general partners with institutional and private wealth investors.

UBS manages $6.9 trillion in invested assets as of the first quarter of 2026. Its Unified Global Alternatives unit, created in 2025 by combining manager selection operations from its asset management and wealth management divisions, holds over $340 billion in combined invested assets.

Henry Fernandez, Chairman and CEO of MSCI, said the partnership aims to "help build the infrastructure that can shape the future of private markets investing." UBS Group CEO Sergio P. Ermotti said the goal is to "transform the decision-making process for clients across public and private markets."

The two companies said they will also collaborate to advocate for broader market adoption and standardization across private markets.