Asset Management Valuation Multiples and Public Comps

Asset Management

See analyst estimates and all valuation multiples for Asset Management

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Morgan Stanley	$382B	5.5x	n/a
Brookfield	$345B	44.2x	37.2x
Goldman Sachs	$281B	4.8x	n/a
BlackRock	$167B	7.1x	17.2x
China CITIC Financial	$139B	12.9x	n/a
China Cinda Asset Mgmt Co	$133B	18.4x	n/a
Blackstone	$122B	9.8x	16.3x
Investor AB	$115B	17.3x	n/a
Guotai Junan International	$104B	13.0x	n/a
Brookfield Asset Management	$84.7B	16.3x	29.6x
Brookfield Infrastructure Partners	$75.4B	n/a	n/a
Macquarie Group	$72.2B	6.2x	n/a
ORIX	$71.8B	3.7x	29.6x
Strategy	$71.4B	152.7x	1920.7x
Prudential Financial	$60.6B	1.0x	7.2x
GF Securities	$55.6B	12.1x	31.1x
Annaly Capital Management	$46.0B	26.8x	7.4x
China Merchants	$45.2B	13.1x	23.5x
Ares Management	$44.9B	10.2x	24.2x
3i Group	$44.9B	5.5x	6.0x
Power Corporation of Canada	$43.6B	3.2x	n/a
Brookfield Renewable Partners Canada	$42.0B	n/a	n/a
Guosen Securities	$41.0B	11.7x	n/a
China Galaxy Securities	$40.4B	8.4x	n/a
Ameriprise Financial	$38.7B	2.1x	6.8x
EQT	$37.8B	12.5x	21.1x
Swiss Life	$37.3B	1.6x	n/a
Northern Trust	$36.6B	4.5x	n/a
Korea Investment Holdings	$35.5B	14.7x	n/a
Partners Group	$34.1B	11.2x	17.8x
China Securities HK	$33.9B	7.4x	n/a
Sun Life Financial	$33.6B	4.9x	8.9x
Carlyle Group	$31.9B	8.4x	19.7x
Raymond James	$31.4B	2.2x	n/a
Ares Capital	$30.1B	9.9x	8.3x
KKR	$29.8B	3.6x	5.6x
Meritz Financial	$29.1B	10.4x	n/a
Orient Securities	$25.8B	9.5x	n/a
Itausa Investimentos ITAU	$25.4B	8.3x	n/a
Corebridge Financial	$25.4B	1.3x	7.0x
Jefferies	$23.7B	3.2x	23.1x
Jio Financial	$23.6B	100.9x	n/a
Mega Financial Holding Co	$22.6B	9.2x	n/a
Franklin Resources	$21.3B	3.2x	10.8x
ASR Nederland	$21.0B	2.1x	12.2x
State Street	$20.9B	1.5x	n/a
Everbright Securities	$20.2B	12.7x	n/a
Klepierre	$19.9B	13.3x	16.2x
China Industrial Securities	$19.7B	10.4x	n/a
T. Rowe Price	$19.0B	2.6x	6.5x
Founder Securities	$19.0B	11.8x	n/a
CVC Capital Partners	$18.6B	9.3x	15.2x
Covivio	$18.6B	23.4x	25.8x
Industrivarden	$18.2B	n/a	6.8x
Scottish Mortgage IT	$17.8B	n/a	n/a
Latour	$17.6B	6.1x	n/a
Principal Financial Group	$17.4B	1.1x	6.7x
Transinc FII	$16.8B	n/a	n/a
Kiwoom Securities	$16.3B	10.4x	n/a
Taiwan Cooperative Bank	$16.1B	n/a	n/a
Bajaj Holdings and Inv	$15.8B	n/a	n/a
Lundbergföretagen	$15.4B	n/a	n/a
Intermediate Capital Group	$15.4B	11.5x	19.6x
Zhongtai Securities	$15.4B	8.6x	n/a
HAL Trust	$15.3B	1.0x	3.8x
Groupe Bruxelles Lambert	$15.1B	2.1x	26.1x
Cinda Securities	$14.4B	31.1x	n/a
Amundi	$14.3B	3.7x	7.6x
Soochow Securities	$14.0B	10.0x	n/a
Gecina Nom	$14.0B	16.9x	20.6x
Zheshang Securities	$13.8B	7.6x	n/a
Invesco	$13.6B	2.9x	8.6x
Changjiang Securities	$13.5B	9.3x	n/a
Blue Owl Capital Inc.	$13.4B	5.1x	9.1x
Pershing Square Holdings	$13.1B	n/a	n/a
HDFC Mutual Fund	$13.1B	28.1x	35.7x
Tianfeng Securities Co	$12.5B	n/a	n/a
Merlin Properties SOCIMI	$12.4B	19.7x	26.3x
IGM Financial	$12.3B	4.6x	10.2x
KGI Financial	$12.1B	6.9x	n/a
Guoyuan Securities	$11.9B	12.0x	n/a
Caitong Securities	$11.8B	12.3x	n/a
FS KKR Capital	$11.7B	7.5x	7.5x
Basellandschaftliche	$11.5B	n/a	n/a
TPG	$11.3B	4.8x	11.4x
Storebrand	$11.2B	3.0x	n/a
DWS Group	$11.1B	3.2x	7.7x
Sofina	$11.0B	n/a	n/a
Dongxing Securities	$10.6B	n/a	n/a
Kingdom Holding	$10.6B	14.9x	31.4x
Sanlam	$10.3B	6.0x	n/a
Harel Group	$10.3B	2.4x	n/a
M&G	$10.3B	7.5x	n/a
Infratil	$10.3B	5.3x	19.4x
Daishin Securities	$10.3B	18.8x	n/a
Capital Securities Corp.	$10.2B	n/a	n/a
Grupo Bolivar	$10.1B	n/a	n/a
Warehouses De Pauw	$10.1B	19.6x	20.2x
Nomura	$10.0B	0.8x	2.0x
Alony-Hetz Props & Inv	$9.6B	n/a	n/a
Guolian Securities	$9.6B	9.8x	n/a
HASI	$9.4B	24.3x	21.1x
SEIC	$9.2B	4.0x	11.9x
Affiliated Managers Group	$9.2B	4.4x	8.8x
Colonial Sfl Socimi	$9.1B	19.3x	23.3x
Voya Financial	$9.0B	1.2x	n/a
Onex	$9.0B	n/a	n/a
Washington H Soul	$8.9B	17.8x	25.8x
Golub Capital BDC	$8.8B	10.1x	n/a
Discovery	$8.7B	2.9x	n/a
Sinolink Securities	$8.5B	7.5x	n/a
F&C Investment Trust	$8.4B	n/a	n/a
Western Securities	$8.4B	n/a	n/a
Yuanta Financial Holdings	$8.4B	2.2x	n/a
HuaAn Securities Co	$8.3B	n/a	n/a
Wendel	$8.3B	0.8x	5.3x
Phoenix Financial	$8.2B	2.8x	n/a
Vontobel	$7.8B	4.6x	n/a
Legal & General	$7.7B	0.4x	n/a
Great Eastern Life	$7.6B	n/a	n/a
Motilal Oswal	$7.6B	7.6x	17.1x
BOC International China	$7.6B	n/a	n/a
Menora Mivtachim	$7.5B	n/a	n/a
Main Street Capital	$7.4B	13.2x	n/a
Galaxy Digital	$7.3B	0.1x	20.7x
Southwest Securities	$7.3B	16.4x	n/a
Alliance Witan	$7.0B	n/a	n/a
Polar Capital Technology Trust	$6.9B	n/a	n/a
Sunshine Insurance Group	$6.9B	0.5x	n/a
Norstar Holdings	$6.8B	n/a	n/a
Covivio Hotels	$6.8B	n/a	n/a
Equitable Holdings	$6.7B	0.4x	2.6x
KBC Ancora	$6.6B	15.8x	n/a
Aedifica	$6.5B	15.9x	18.6x
360 One Wam	$6.3B	18.9x	39.9x
Icade	$6.1B	14.8x	16.4x
Eurazeo	$5.9B	13.1x	-215.9x
Australian Foundation Investment Company	$5.9B	n/a	n/a
Hamilton Lane	$5.8B	7.9x	17.3x
Carmila	$5.7B	11.1x	14.2x
Authum Investment & Infrastructure	$5.6B	n/a	n/a
VZ VermögensZentrum	$5.5B	7.9x	15.3x
Aberdeen Group	$5.5B	3.3x	13.8x
Lazard	$5.5B	1.8x	11.8x
MA Financial	$5.4B	23.0x	77.6x
Remgro	$5.2B	1.8x	20.4x
Tikehau Capital	$5.2B	7.7x	14.5x
Compagnie du Cambodge	$5.2B	n/a	n/a
Altarea	$5.2B	1.8x	15.9x
Greencoat UK Wind	$5.2B	-35.1x	n/a
Cofinimmo	$5.1B	12.6x	15.4x
Azimut Group	$5.1B	3.2x	6.7x
StepStone Group	$5.0B	4.9x	10.8x
Victory Capital Holdings	$5.0B	4.0x	7.8x
3i Infrastructure	$4.8B	n/a	n/a
Janus Henderson	$4.6B	1.8x	5.7x
E-L Financial	$4.6B	n/a	n/a
Argo Investments	$4.5B	n/a	n/a
Tata Investment	$4.4B	n/a	n/a
RIT Capital Partners	$4.4B	n/a	n/a
Israel Corp	$4.3B	n/a	n/a
Discount Investment	$4.2B	n/a	n/a
Okasan Securities	$4.2B	7.8x	n/a
Cenergy Holdings	$4.1B	1.8x	11.0x
Argan	$4.1B	16.8x	17.9x
Burford Capital	$4.0B	9.4x	n/a
General De Galerías	$4.0B	n/a	n/a
Federated Hermes	$3.6B	2.1x	6.9x
Inversiones La Construcción	$3.6B	1.2x	n/a
Corporacion Financiera	$3.6B	n/a	n/a
AllianceBernstein	$3.6B	1.0x	3.0x
Xior Student Housing	$3.5B	16.9x	21.9x
Brederode	$3.5B	n/a	n/a
Investec	$3.5B	1.2x	n/a
Capital Financial	$3.5B	n/a	n/a
EdelweissFin	$3.4B	n/a	n/a
Eurocommercial Props	$3.4B	12.7x	16.1x
Prodea Real Estate	$3.4B	n/a	n/a
Mandatum	$3.4B	10.4x	15.2x
Bridgepoint Group	$3.3B	4.6x	9.2x
Man Group	$3.3B	2.6x	8.0x
Montea	$3.3B	20.5x	21.0x
Ag Anadolu Grubu Holding	$3.3B	0.2x	1.9x
Prospect Capital	$3.2B	4.7x	n/a
MidCap Financial	$3.2B	9.9x	n/a
Virtus Investment Partners	$3.1B	4.0x	11.6x
Cohen & Steers	$3.1B	5.7x	n/a
SSI Securities	$3.1B	8.1x	n/a
Storskogen Group	$3.1B	0.9x	6.9x
Artisan Partners	$3.0B	2.5x	7.1x
JM Financial	$2.9B	n/a	n/a
HgCapital	$2.9B	n/a	n/a
Julius Baer	$2.8B	0.6x	n/a
Roko AB	$2.8B	4.2x	18.0x
GQG Partners	$2.8B	3.5x	4.6x
Hanwha Investment	$2.8B	n/a	n/a
Peugeot Invest	$2.7B	9.1x	10.3x
New Mountain Finance	$2.7B	8.2x	n/a
Moncey (Fin) Nom	$2.7B	n/a	n/a
Oaktree Specialty Lending	$2.6B	8.4x	8.3x
Kinnevik	$2.6B	-864.4x	-38.9x
Mercialys	$2.6B	12.7x	15.1x
Pinnacle Investment Mgmt	$2.5B	53.9x	24.8x
Isras Investments	$2.5B	n/a	n/a
Patria Investments	$2.4B	6.5x	12.4x
Frey	$2.4B	9.6x	n/a
GIMV	$2.3B	n/a	n/a
Sprott	$2.2B	10.6x	19.7x
Wereldhave	$2.2B	11.2x	14.7x
Capital Southwest	$2.2B	10.1x	n/a
Carlyle Secured Lending	$2.2B	8.6x	8.5x
Anima Holding	$2.1B	3.7x	5.6x
Tamburi Inv Partners	$2.1B	959.3x	-95.6x
Infortar	$2.1B	n/a	n/a
Retail Estates	$2.1B	12.5x	15.6x
Sociedad de Inversiones	$2.1B	n/a	n/a
Vivenio Residencial	$2.0B	n/a	n/a
Norte Grande	$1.9B	n/a	n/a
Perpetual	$1.9B	2.1x	7.1x
Bure Equity	$1.9B	n/a	n/a
Testa Residencial Socimi	$1.9B	n/a	n/a
WisdomTree	$1.9B	3.9x	10.5x
Lapidoth Capital	$1.9B	n/a	n/a
Oxford Lane Capital	$1.9B	3.9x	n/a
AFP Cuprum	$1.8B	n/a	n/a
Antin Infrastructure	$1.8B	5.3x	9.8x
MFF Capital Inv	$1.8B	n/a	n/a
Waha Capital	$1.8B	38.9x	n/a
Acadian Asset Management	$1.8B	3.1x	9.2x
Isras Holdings	$1.8B	n/a	n/a
Mutares	$1.8B	0.2x	13.0x
HBM Healthcare Inv	$1.8B	32.8x	89.8x
Old Mutual	$1.7B	0.5x	n/a
PSG Financial Services	$1.7B	n/a	n/a
Global Yatirim Holding	$1.6B	n/a	n/a
Montepino Logística	$1.6B	n/a	n/a
Ral Yatirim Holding	$1.6B	n/a	n/a
Ufuk Yatirim Yonetim	$1.6B	n/a	n/a
Metrics Master Income	$1.5B	n/a	n/a
BlackRock TCP Cap	$1.5B	7.3x	n/a
Generation Dev Gr	$1.5B	15.0x	48.4x
Deterra Royalties	$1.5B	9.2x	9.9x
Borusan Yatirim Pazarlama	$1.5B	n/a	n/a
Oakley Capital	$1.5B	n/a	n/a
P10	$1.5B	4.9x	12.4x
L1 Long Short Fund	$1.5B	n/a	n/a
Luxempart	$1.5B	n/a	n/a
Administradora de Fondos	$1.5B	n/a	n/a
Administradora de Fondos	$1.4B	n/a	n/a
Crescent Capital BDC	$1.4B	8.1x	n/a
Shin Young Securities	$1.4B	n/a	n/a
Cymbria	$1.3B	n/a	n/a
IntegraFin	$1.3B	6.3x	14.5x
Nextensa	$1.3B	12.2x	22.9x
WAM Capital	$1.3B	n/a	n/a
Bradespar	$1.3B	4.6x	4.8x
Fidus Investment	$1.3B	8.2x	n/a
Eagle Point Credit Co	$1.2B	6.1x	n/a
İş Yatırım	$1.2B	n/a	n/a
Mogan Enerji Yatirim	$1.2B	n/a	n/a
Alarko Holding	$1.2B	n/a	n/a
WAM Leaders	$1.2B	n/a	n/a
ALTAMIR	$1.2B	21.7x	29.5x
Care Property Invest	$1.2B	13.7x	15.8x
Novavest Real Estate	$1.2B	22.2x	25.5x
Vastned	$1.1B	14.3x	13.1x
Guardian Capital	$1.1B	n/a	n/a
Molten Ventures	$1.1B	8.4x	12.3x
Gladstone Inv	$1.1B	11.2x	n/a
Tortoise Energy Infr	$1.1B	n/a	n/a
Value Grupo Financiero	$1.1B	n/a	n/a
Eurohold Bulgaria	$1.1B	n/a	n/a
Creades	$1.1B	n/a	n/a
Viel	$1.1B	n/a	n/a
Navigo Invest	$1.0B	n/a	n/a
St James's Place	$1.0B	1.0x	1.8x
Magellan Financial Group	$1.0B	5.3x	8.3x
Fiera Capital	$999M	2.1x	7.1x
NB Private Equity Partners	$998M	n/a	n/a
Abacus Global Management	$974M	4.8x	8.3x
Fidere Patrimonio Socimi	$965M	n/a	n/a
Renta 4	$932M	n/a	47.9x
Investcorp Capital	$926M	7.4x	8.0x
Amanat	$923M	n/a	n/a
InvestCo Holding	$919M	n/a	n/a
Wereldhave	$911M	n/a	n/a
Navigator Global Inv	$911M	4.6x	8.4x
IP Group	$910M	-38.6x	-21.4x
Australian United	$909M	n/a	n/a
BKI Investment Co	$906M	n/a	n/a
Patrimoine et	$904M	n/a	n/a
GCM Grosvenor	$903M	1.7x	4.0x
Home Invest Belgium	$901M	22.4x	27.6x
PM Capital Global Opps	$890M	n/a	n/a
Flat Capital	$886M	n/a	n/a
Forestal Constructora	$883M	n/a	n/a
Lydia Holding	$855M	n/a	n/a
Eczacibasi Yatirim	$850M	n/a	n/a
Chrysalis Investments	$849M	n/a	n/a
NSI	$830M	10.6x	14.1x
Vitura	$808M	n/a	n/a
Syncona	$798M	9.1x	4.2x
Atom Hoteles Socimi	$796M	n/a	n/a
VinaCapital	$785M	n/a	n/a
Gryphon Capital IT	$775M	n/a	n/a
Ascencio	$752M	11.9x	14.4x
Diversified United	$741M	n/a	n/a
Immobiliere Dassault	$735M	n/a	n/a
Gladstone Cap	$728M	8.2x	n/a
Arendals Fossekompani	$728M	19.5x	39.3x
Treasure ASA	$717M	n/a	n/a
Horizon Tech Finance	$717M	8.2x	n/a
Trastor Real Estate	$713M	n/a	n/a
Deutsche Beteiligungs	$713M	8.1x	21.0x
AFP Capital	$704M	n/a	n/a
Clairvest Group	$698M	n/a	n/a
Regal Partners	$689M	3.3x	6.3x
Plato Income Maximiser	$687M	n/a	n/a
Qualitas	$683M	8.8x	17.5x
Lafinca Global Assets	$655M	n/a	n/a
Qualitas Real Estate	$649M	12.1x	14.5x
Senvest Capital	$648M	n/a	n/a
Svolder	$630M	n/a	n/a
IDI SCA	$629M	16.6x	738.8x
Vinci Partners	$621M	4.0x	11.9x
TINC	$617M	n/a	n/a
Bosqar	$614M	n/a	n/a
Noor Investment	$612M	n/a	n/a
Spiltan Invest	$611M	n/a	n/a
RTW Biotech Opportunities	$604M	n/a	n/a
Carlton Investments	$601M	n/a	n/a
BNY Mellon Strategic	$551M	n/a	n/a
Investment AB Oresund	$538M	n/a	n/a
Djerriwarrh Investments	$534M	n/a	n/a
AFP Planvital	$533M	n/a	n/a
Ashmore Group	$529M	2.8x	7.9x
WAM Global	$525M	n/a	n/a
Compagnie du Bois Sauvage	$524M	n/a	n/a
Ban Group Holding	$514M	2.8x	8.9x
eQ	$510M	7.3x	14.8x
Kinea High Yield Cri	$506M	n/a	n/a
Proteccion	$503M	n/a	n/a
Millenium Hospitality	$500M	16.6x	29.5x
Bleecker	$498M	n/a	n/a
Trade Estates Real Estate	$494M	10.4x	14.3x
MCI Capital	$493M	150.4x	59.6x
WhiteHorse Finance	$487M	6.5x	6.5x
Barings Corporate Invts	$485M	n/a	n/a
Immobiliare Grande	$479M	2.9x	3.5x
Aurelius Equity Opps	$471M	n/a	n/a
Ophir High Conviction	$469M	n/a	n/a
Mirrabooka Investments	$468M	n/a	n/a
Polar Capital Holdings	$462M	1.6x	4.8x
Idun Industrier	$458M	1.9x	12.2x
Hearts And Minds Inv	$443M	n/a	n/a
Karnell Group	$439M	2.5x	13.5x
CapMan	$439M	6.2x	13.6x
Whitefield Industrials	$438M	n/a	n/a
Australian Ethical	$429M	5.3x	18.4x
Future Generation Global	$422M	n/a	n/a
Calamos L/S Equity	$418M	n/a	n/a
International Biotechnology Trust	$417M	n/a	n/a
RMR Gr	$409M	0.6x	5.0x
Metrics Income Opps Tr	$407M	n/a	n/a
Olimpo Real Estate SOCIMI	$403M	n/a	n/a
VNV Global	$395M	-4.2x	-3.9x
Boston Omaha	$394M	3.5x	18.3x
Brockhaus Technologies	$390M	1.5x	6.4x
Blackrock Muniyield NY	$382M	n/a	n/a
ABC arbitrage	$381M	5.2x	11.3x
Traction	$377M	n/a	n/a
Kuyas Yatrim	$373M	n/a	n/a
Holding Bursatil	$371M	n/a	5.7x
SCBSM	$367M	n/a	n/a
Diamond Biofund	$365M	n/a	n/a
Longshield Investment	$356M	n/a	n/a
Monroe Cap	$352M	8.7x	n/a
Literacy Capital	$350M	n/a	n/a
Future Generation	$347M	n/a	n/a
Warehouses Estates	$341M	11.6x	15.9x
Kinea Hedge Fund Fundo	$341M	n/a	n/a
Budapest Ingatlan	$336M	n/a	n/a
All Iron Re I Socimi	$333M	n/a	n/a
Vitruvio Real Estate	$328M	n/a	n/a
Pembroke VCT	$325M	n/a	n/a
SHUAA Capital	$323M	n/a	n/a
Destiny Tech100	$321M	n/a	n/a
SuRo Capital	$320M	163.3x	n/a
Fondul Proprietatea	$318M	n/a	n/a
Diamond Hill Investment	$316M	n/a	n/a
Hsi Malls Fundo	$315M	n/a	n/a
Invalda INVL	$313M	n/a	n/a
Great Elm Capital	$309M	6.3x	n/a
Elanor Investors	$309M	n/a	n/a
WCM Global Growth	$305M	n/a	n/a
Oxford Square Cap	$305M	7.6x	n/a
OFS Capital	$303M	7.1x	n/a
Perpetual Equity	$302M	n/a	n/a
ISC Freshwater Investment	$293M	n/a	n/a
Argo Global Listed Infr	$292M	n/a	n/a
WAM Microcap	$292M	n/a	n/a
Cie Lebon	$292M	1.8x	11.7x
GIEAG	$290M	n/a	n/a
Sygnia Ltd	$289M	n/a	n/a
SBI Global Asset Management	$287M	3.8x	n/a
BriQ Properties	$285M	11.8x	14.7x
Platinum Capital	$284M	n/a	n/a
Waton Financial	$276M	n/a	n/a
United Capital PLC	$267M	n/a	n/a
Samara Asset Group	$267M	n/a	n/a
Atland	$266M	n/a	n/a
Moneda Renta Variable	$263M	n/a	n/a
Kingfish	$263M	n/a	n/a
Pacific Current Group	$257M	29.6x	18.2x
Adriano Care Socimi	$256M	n/a	n/a
CVC	$256M	n/a	n/a
Verusa Holding	$254M	n/a	n/a
Gedik Yatırım	$253M	n/a	n/a
Pengana Private Equity	$252M	n/a	n/a
Deutsche Konsum REIT	$252M	n/a	n/a
Inversiones Siemel	$250M	n/a	n/a
Alantra Partners	$246M	n/a	n/a
Chicago Atlantic BDC	$245M	5.1x	n/a
Administradora Americana	$244M	n/a	n/a
Vinci Gestora de Recursos	$244M	n/a	n/a
VEF	$244M	n/a	n/a
Tander Inversiones Socimi	$240M	n/a	n/a
Catella	$238M	1.1x	6.7x
Qrf	$237M	15.7x	21.3x
United Bankers	$231M	3.4x	9.5x
PhenixFIN	$230M	9.5x	n/a
Indexa Capital Group	$228M	n/a	n/a
Innventure	$228M	47.8x	n/a
SBF Bostad	$226M	n/a	n/a
Torimbia Socimi	$225M	n/a	n/a
Meridia Real Estate III	$225M	n/a	n/a
SWK Holdings	$221M	4.9x	n/a
AMCIL	$218M	n/a	n/a
Taaleri	$217M	3.1x	n/a
Pengana International	$216M	n/a	n/a
ArrowMark Financial	$215M	n/a	n/a
City of London Investment Group	$211M	3.0x	7.0x
DeFi Technologies	$206M	1.3x	1.6x
Private Equity Holding	$202M	n/a	n/a
Ble Kedros REIC	$199M	n/a	n/a
Ellington Credit	$197M	4.9x	n/a
Augmentum Fintech	$192M	n/a	n/a
GOP Properties Socimi	$186M	n/a	n/a
Staude Cap Glb Value Fd	$181M	n/a	n/a
Grupa Kapitalowa IMMOBILE	$178M	n/a	n/a
Inversiones Doalca Socimi	$177M	n/a	n/a
MPC Muenchmeyer Petersen	$176M	3.3x	12.5x
Investcorp Credit	$175M	9.4x	n/a
WAM Research	$169M	n/a	n/a
Dogan Sirketler Grubu	$168M	0.1x	1.0x
Bitcoin Group	$168M	n/a	n/a
Cadence Capital	$166M	n/a	n/a
Heliad	$166M	286.7x	62.3x
Serrano 61 Desarrollo	$156M	n/a	n/a
Paref	$152M	n/a	n/a
Azaria Rental Socimi	$147M	n/a	n/a
Gowing Bros	$141M	n/a	n/a
Sila Holding	$140M	n/a	n/a
Entrecampos Cuatro Socimi	$138M	n/a	n/a
IBI Lion Socimi	$137M	n/a	n/a
Inversa Prime Socimi	$135M	n/a	n/a
Quercus TFI	$135M	n/a	n/a
Advance Terrafund	$134M	n/a	n/a
Netfonds	$133M	0.7x	9.4x
OFS Credit Co	$132M	2.9x	n/a
Veracruz Props Socimi	$132M	n/a	n/a
LAIQON	$130M	3.1x	170.9x
Barramundi	$129M	n/a	n/a
Virtus Glb Multi-Sector	$128M	n/a	n/a
WAM Strategic Value	$126M	n/a	n/a
WAM Alternative Assets	$125M	n/a	n/a
Alexandria Group	$124M	2.1x	7.9x
Westwood Holdings Gr	$124M	n/a	n/a
Hispanotels Inversiones	$122M	n/a	n/a
Blue Cap	$122M	0.8x	4.8x
Arbona	$121M	n/a	n/a
Sopharma Properties	$120M	n/a	n/a
Marlin Global	$120M	n/a	n/a
Holding Nov Vek	$119M	n/a	n/a
Bailador Tech Inv	$118M	n/a	n/a
Companhia de	$117M	n/a	n/a
Bulgarian Real Estate Fd	$115M	n/a	n/a
PEARL DIVER CREDIT CO	$114M	n/a	n/a
Fair Value REIT	$112M	n/a	n/a
Sandon Capital Inv	$111M	n/a	n/a
Mexedia	$111M	n/a	n/a
Spheria Emerging Co	$108M	n/a	n/a
Wiener Privatbank	$104M	n/a	n/a
Bellevue Gr	$99.1M	n/a	n/a
Advero Properties	$97.7M	n/a	n/a
Silvercrest Asset Mgmt Gr	$97.1M	0.8x	4.3x
Mangold	$96.4M	n/a	n/a
Hilbert Group	$96.3M	n/a	n/a
Tribeca Glb Natural	$94.2M	n/a	n/a
Alpine Select	$93.0M	n/a	n/a
AP67 Socimi	$90.9M	n/a	n/a
Ryder Capital	$90.3M	n/a	n/a
Arrienda Rental Props	$89.5M	n/a	n/a
MPH Health Care	$88.8M	2.7x	-1.7x
Papirfabrikken Invest	$88.7M	n/a	n/a
Quest for Growth	$88.0M	n/a	n/a
Case Group	$87.7M	7.6x	n/a
360 Capital Gr	$86.5M	n/a	n/a
Clime Capital	$85.6M	n/a	n/a
Lion Selection Gr	$83.7M	n/a	n/a
TMT Investments	$83.7M	n/a	n/a
Arvo	$83.5M	2.8x	n/a
Trajano Iberia SOCIMI	$80.8M	n/a	n/a
Valartis Group	$80.6M	n/a	n/a
Phoenix Vega Mezz	$80.3M	n/a	n/a
CaliberCos	$76.7M	3.6x	n/a
RedFish LongTerm Capital	$76.6M	n/a	n/a
Thorney Opportunities	$76.3M	n/a	n/a
Finexia Finl Group	$75.5M	n/a	n/a
Next Re SIIQ	$74.7M	n/a	n/a
Milepro Logistica De	$74.4M	n/a	n/a
Value8	$73.9M	n/a	n/a
FairPlay Props REIT	$71.4M	n/a	n/a
Home Capital Rentals	$70.0M	n/a	n/a
Nebag	$67.3M	n/a	n/a
VBARE Iberian Properties	$67.1M	n/a	n/a
Crypto Blockchain	$60.8M	n/a	n/a
Titanium	$60.4M	n/a	n/a
Ktesios Real Estate	$59.9M	22.5x	74.0x
Cube Labs	$59.8M	n/a	n/a
Smart Capital	$57.4M	n/a	n/a
Stockwik Forvaltning	$56.9M	0.6x	5.6x
Numulae Gestion De	$56.3M	n/a	n/a
Quonia SOCIMI	$56.1M	n/a	n/a
Skogsfond Baltikum	$53.9M	n/a	n/a
Seafire	$53.4M	0.6x	6.8x
Strategic Investments	$53.4M	n/a	n/a
AdCapital	$53.1M	n/a	n/a
Capsensixx	$51.4M	n/a	n/a
Binah Capital Group	$50.7M	n/a	n/a
INVL Technology	$49.9M	5.3x	7.6x
Hennessy Advisors	$49.6M	n/a	n/a
Acanthe Developpement	$47.9M	n/a	n/a
Inbest Prime VI Inmuebles	$47.8M	n/a	n/a
Aktiv Props REIT	$46.3M	n/a	n/a
Coeli Fastighet	$46.0M	n/a	n/a
Inmobiliaria Park Rose	$43.7M	n/a	n/a
Immo Moury	$43.6M	n/a	n/a
Springvest	$42.8M	n/a	n/a
Sever Holding	$42.1M	n/a	n/a
NAXS	$41.9M	n/a	n/a
H-Farm	$41.4M	n/a	n/a
Rand Capital	$41.3M	n/a	n/a
CENTURION FINANCE	$40.8M	n/a	n/a
Greenoak Spain Hldgs	$40.3M	n/a	n/a
Galaxy Cosmos Mezz	$39.9M	n/a	n/a
Castle Private Equity	$38.6M	n/a	n/a
Private Assets	$38.0M	0.2x	12.7x
Nextpoint Capital Socimi	$37.1M	n/a	n/a
Eprolius Ingatlan Zartkor	$37.0M	n/a	n/a
Prime ASI	$35.7M	n/a	n/a
Garpco	$33.5M	n/a	n/a
Enrys Island SpA Societa	$31.3M	n/a	n/a
RCM Beteiligungs	$30.8M	n/a	n/a
WT Financial Group	$30.6M	n/a	n/a
IPAS Indexo	$30.6M	n/a	n/a
Heritage Global	$30.4M	0.6x	3.8x
Heidelberger	$30.3M	n/a	n/a
Tk Hold	$30.3M	n/a	n/a
Zest	$28.9M	2.7x	-27.3x
Black Oak Investments	$28.1M	n/a	n/a
Severcoop Gamza Holding	$25.6M	n/a	n/a
Accentis	$25.4M	n/a	n/a
Sinergon Holding	$25.3M	n/a	n/a
Elaia Investment Spain	$25.2M	n/a	n/a
Innovative-RFK	$24.1M	n/a	n/a
Verianos	$23.8M	n/a	n/a
Palmboomen Cultuur	$22.9M	n/a	n/a
Skarbiec Holding	$22.7M	n/a	n/a
Mennica Skarbowa	$22.1M	n/a	n/a
CIABRASF	$21.8M	n/a	n/a
PEH Wertpapier	$21.1M	n/a	n/a
Hermana Holding	$20.5M	52.1x	-23.1x
CNI Nordic 5	$20.2M	n/a	n/a
Audacia	$19.4M	1.2x	8.8x
Navigator Investments	$19.0M	n/a	n/a
Intercapital Prop Dev	$18.5M	n/a	n/a
MFG Invest AD	$18.4M	n/a	n/a
Bulgarian Private Equity	$18.3M	n/a	n/a
Inbest Prime VII	$17.0M	n/a	n/a
Tarjar Xairo SOCIMI	$16.9M	n/a	n/a
North Energy	$16.5M	n/a	n/a
Copernico Sim	$16.1M	n/a	n/a
STRT Holding	$14.9M	n/a	n/a
Consulting Team Holding	$14.7M	n/a	n/a
Vo2 Cap Holding	$14.6M	0.4x	3.7x
Flexdeal Simfe	$14.1M	n/a	n/a
Saga Pure	$12.0M	n/a	n/a
Futures Capital	$12.0M	n/a	n/a
VF Alternative	$11.9M	n/a	n/a
Fund Estates REIT	$11.6M	n/a	n/a
Det Ostasiatiske Kompagni	$11.0M	n/a	n/a
Unfold.vc ASI	$10.9M	n/a	n/a
Rigsave	$10.7M	n/a	n/a
Altech Advanced Mat	$10.4M	n/a	n/a
Wise Energy	$10.4M	n/a	n/a
Caspar Asset Management	$9.9M	n/a	n/a
Black Pearl	$9.6M	n/a	n/a
Yuxing InfoTech	$9.2M	n/a	n/a
Consensus Asset Mgmt	$9.0M	n/a	n/a
Havsfrun Investment	$8.4M	n/a	n/a
Marna Beteiligungen	$7.7M	n/a	n/a
Bul Land Inv Re	$7.5M	n/a	n/a
Alta	$7.5M	n/a	n/a
Grempco	$7.2M	n/a	n/a
Magna Polonia	$7.1M	n/a	n/a
Webrock Ventures	$7.0M	n/a	n/a
Alliance Developpement	$6.9M	n/a	n/a
Katalysen Ventures	$6.2M	n/a	n/a
Effnetplattformen Holding	$6.1M	n/a	n/a
Domo Activos	$6.0M	n/a	n/a
CR Energy	$5.3M	n/a	n/a
First Venture Sweden	$5.3M	n/a	n/a
Cardeon	$5.2M	8.9x	n/a
Electricite Eaux	$5.1M	n/a	n/a
Murphy & Spitz Green	$4.6M	n/a	n/a
Panamax New Energy	$4.2M	n/a	n/a
Webit Investment Network	$4.2M	n/a	n/a
Vastra Hamnen Corporate	$3.9M	n/a	n/a
EEII	$3.8M	n/a	n/a
I Love Lund	$3.4M	n/a	n/a
Dividend Sweden	$3.2M	n/a	n/a
Front Ventures	$3.2M	n/a	n/a
Mit Sim	$3.0M	n/a	n/a
Magenta Investments	$2.9M	n/a	n/a
Bestbe	$2.9M	n/a	n/a
Imperio Asi	$2.8M	n/a	n/a
Renewable Ventures Nordic	$2.6M	n/a	n/a
Newcap Holding	$2.4M	n/a	n/a
CrowdFundMe	$2.3M	n/a	n/a
NanoCap Group	$2.2M	n/a	n/a
Veltarion	$1.7M	n/a	n/a
MTI Investment	$1.5M	n/a	n/a
GO Towarzystwo Funduszy	$1.4M	n/a	n/a
FX International	$1.1M	n/a	n/a
ABS Investment ASI	$1.1M	n/a	n/a
Abelco Investment Group	$1.0M	n/a	n/a
Upgrade Invest Nordic	$0.7M	n/a	n/a
Valora Effekten Handel	$0.7M	n/a	n/a
DFO Capital	$0.7M	n/a	n/a
Northern CapSek Ventures	$0.7M	n/a	n/a
KS Nalozbe	$0.7M	n/a	n/a
Sino-German United	$0.3M	n/a	n/a
ANTCO Invt Gr	$0.3M	n/a	n/a
Camerit	-$0.4M	n/a	n/a
Carpathia Capital	-$0.7M	n/a	n/a
Hawick Data	-$2.3M	n/a	n/a
Alpha Investments	-$8.5M	n/a	n/a
Altus	-$9.3M	n/a	n/a
Kuwait Investment Company	-$15.6M	n/a	n/a
Transilvania Investments	-$30.0M	n/a	n/a
Noah Holdings	-$32.3M	-0.1x	-0.3x
IPOPEMA Securities	-$46.6M	n/a	n/a
Evergent Investments	-$75.9M	n/a	n/a
Demetra Hldgs	-$120M	n/a	n/a
Kyobo Securities	-$224M	n/a	n/a
CoinShares	-$342M	-2.7x	-2.3x
Schroders	-$467M	-0.1x	-0.5x
Infinity Capital Inv	-$469M	n/a	n/a
CICC	-$2.6B	-0.7x	-1.9x
Migdal Group	-$3.7B	n/a	n/a
SDIC Capital	-$8.9B	n/a	n/a
Challenger	-$11.7B	-18.1x	-26.5x
Ninety One	-$12.7B	n/a	n/a
Apollo Asset Management	-$156B	-7.8x	-25.5x