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	$416B	5.9x	n/a
Brookfield	$343B	41.4x	54.7x
Goldman Sachs	$326B	5.5x	n/a
BlackRock	$169B	7.1x	17.3x
China CITIC Financial	$139B	16.8x	28.4x
China Cinda Asset Mgmt Co	$136B	n/a	n/a
Blackstone	$133B	10.5x	17.5x
Investor AB	$126B	n/a	n/a
Guotai Junan International	$109B	12.7x	n/a
Brookfield Asset Management	$87.2B	16.1x	29.8x
Macquarie Group	$76.8B	6.4x	n/a
ORIX	$74.5B	3.8x	28.5x
Brookfield Infrastructure Partners	$73.9B	n/a	n/a
Prudential Financial	$64.0B	1.1x	7.3x
Strategy	$60.8B	128.7x	13.1x
GF Securities	$55.9B	11.3x	n/a
Ares Management	$50.3B	10.9x	26.5x
Annaly Capital Management	$47.1B	25.8x	7.5x
China Merchants	$46.2B	13.5x	n/a
Power Corporation of Canada	$46.0B	3.4x	n/a
3i Group	$43.9B	5.1x	5.3x
EQT	$43.2B	14.0x	23.4x
Ameriprise Financial	$42.9B	2.3x	7.5x
Brookfield Renewable Partners Canada	$42.2B	n/a	n/a
Guosen Securities	$41.1B	11.2x	n/a
China Galaxy Securities	$40.3B	8.4x	n/a
Northern Trust	$39.9B	5.0x	n/a
KKR	$39.5B	4.7x	7.3x
Swiss Life	$39.1B	1.5x	n/a
Raymond James	$37.5B	2.6x	n/a
Partners Group	$36.1B	11.5x	18.3x
Carlyle Group	$36.0B	9.4x	21.8x
Korea Investment Holdings	$35.8B	13.2x	n/a
Sun Life Financial	$35.5B	5.5x	9.2x
China Securities HK	$34.5B	n/a	n/a
Ares Capital	$30.0B	9.8x	8.2x
Meritz Financial	$28.9B	10.1x	n/a
Orient Securities	$26.5B	9.5x	n/a
Corebridge Financial	$26.2B	1.3x	7.5x
Itausa Investimentos ITAU	$25.6B	8.4x	n/a
State Street	$25.4B	1.8x	n/a
Jefferies	$24.8B	3.4x	23.5x
Franklin Resources	$22.8B	3.4x	11.5x
Mega Financial Holding Co	$22.2B	9.2x	n/a
Jio Financial	$21.8B	94.3x	n/a
ASR Nederland	$21.4B	2.9x	n/a
T. Rowe Price	$20.5B	2.8x	7.0x
China Industrial Securities	$20.5B	9.8x	n/a
Everbright Securities	$20.3B	13.2x	n/a
Klepierre	$20.2B	13.3x	16.1x
Industrivarden	$20.2B	28.9x	6.8x
Scottish Mortgage IT	$19.8B	n/a	n/a
CVC Capital Partners	$19.8B	10.0x	15.8x
Founder Securities	$18.9B	11.0x	n/a
Covivio	$18.9B	23.4x	25.7x
Principal Financial Group	$18.8B	1.2x	7.1x
Latour	$18.1B	5.9x	38.8x
Kiwoom Securities	$16.8B	10.5x	n/a
Transinc FII	$16.3B	n/a	n/a
Zhongtai Securities	$16.3B	n/a	n/a
Lundbergföretagen	$16.3B	n/a	n/a
HAL Trust	$16.1B	1.0x	3.9x
Taiwan Cooperative Bank	$16.1B	n/a	n/a
Invesco	$15.7B	3.4x	9.9x
Amundi	$15.6B	4.0x	8.3x
Groupe Bruxelles Lambert	$15.6B	2.2x	25.5x
Nomura	$15.3B	1.2x	3.1x
Cinda Securities	$14.7B	n/a	n/a
Gecina Nom	$14.3B	16.9x	20.8x
Blue Owl Capital Inc.	$14.1B	5.3x	9.5x
Soochow Securities	$14.1B	7.3x	n/a
Blue Owl Capital	$14.0B	n/a	n/a
Bajaj Holdings and Inv	$13.9B	n/a	n/a
Zheshang Securities	$13.8B	11.2x	n/a
IGM Financial	$13.8B	5.1x	11.1x
Changjiang Securities	$13.5B	8.4x	n/a
KGI Financial	$13.5B	9.7x	n/a
Pershing Square Holdings	$13.2B	n/a	n/a
Merlin Properties SOCIMI	$12.8B	20.0x	26.9x
TPG	$12.5B	5.7x	12.5x
DWS Group	$12.5B	3.5x	8.3x
HDFC Mutual Fund	$12.3B	26.0x	33.5x
Guoyuan Securities	$12.1B	13.3x	n/a
Caitong Securities	$12.1B	12.0x	n/a
Sanlam	$11.9B	6.4x	n/a
Storebrand	$11.8B	3.1x	n/a
Sofina	$11.7B	n/a	n/a
Basellandschaftliche	$11.6B	n/a	n/a
Tianfeng Securities Co	$11.5B	n/a	n/a
Alony-Hetz Props & Inv	$11.4B	n/a	n/a
M&G	$11.4B	8.2x	n/a
FS KKR Capital	$11.3B	7.4x	7.4x
Dongxing Securities	$11.2B	n/a	n/a
Kingdom Holding	$10.7B	15.3x	32.5x
Affiliated Managers Group	$10.5B	5.0x	10.0x
Grupo Bolivar	$10.3B	n/a	n/a
Daishin Securities	$10.3B	n/a	n/a
Warehouses De Pauw	$10.2B	19.2x	20.2x
Capital Securities Corp.	$10.1B	n/a	n/a
SEIC	$9.9B	4.3x	12.6x
Legal & General	$9.7B	0.5x	n/a
Voya Financial	$9.7B	1.3x	n/a
Washington H Soul	$9.6B	20.5x	27.7x
Onex	$9.5B	n/a	n/a
Guolian Securities	$9.4B	8.8x	n/a
HASI	$9.3B	24.0x	19.1x
Discovery	$9.3B	3.0x	n/a
Yuanta Financial Holdings	$9.2B	2.5x	n/a
Infratil	$9.2B	4.6x	17.2x
Colonial Sfl Socimi	$9.2B	19.4x	23.5x
F&C Investment Trust	$8.9B	n/a	n/a
HuaAn Securities Co	$8.7B	n/a	n/a
Sinolink Securities	$8.6B	7.3x	n/a
Golub Capital BDC	$8.5B	10.0x	n/a
Wendel	$8.5B	0.9x	5.1x
Menora Mivtachim	$8.4B	n/a	n/a
Western Securities	$8.3B	11.1x	n/a
Vontobel	$8.3B	4.8x	n/a
BOC International China	$8.2B	17.7x	n/a
Intermediate Capital Group	$8.2B	5.9x	9.8x
Great Eastern Life	$8.0B	n/a	n/a
Main Street Capital	$7.7B	13.8x	n/a
Sunshine Insurance Group	$7.7B	0.8x	n/a
Equitable Holdings	$7.7B	0.5x	3.0x
Polar Capital Technology Trust	$7.3B	n/a	n/a
Southwest Securities	$7.2B	15.6x	n/a
Alliance Witan	$7.2B	n/a	n/a
Norstar Holdings	$7.1B	n/a	n/a
Galaxy Digital	$7.1B	0.1x	17.0x
Covivio Hotels	$6.9B	n/a	n/a
KBC Ancora	$6.9B	15.9x	n/a
Aedifica	$6.8B	16.1x	18.8x
360 One Wam	$6.7B	20.0x	42.9x
Hamilton Lane	$6.4B	8.7x	18.9x
Motilal Oswal	$6.4B	6.4x	14.2x
Icade	$6.3B	14.0x	16.8x
Authum Investment & Infrastructure	$6.2B	n/a	n/a
Phoenix Financial	$6.1B	2.0x	n/a
Australian Foundation Investment Company	$6.1B	n/a	n/a
Investec	$6.0B	2.0x	n/a
Carmila	$5.9B	11.0x	14.3x
VZ VermögensZentrum	$5.8B	n/a	n/a
Aberdeen Group	$5.8B	3.4x	14.1x
MA Financial	$5.8B	23.3x	78.1x
Remgro	$5.7B	1.8x	21.2x
Altarea	$5.6B	1.9x	17.0x
Lazard	$5.6B	1.9x	11.9x
Eurazeo	$5.6B	11.4x	97.3x
Tikehau Capital	$5.6B	8.1x	15.1x
Azimut Group	$5.5B	3.5x	7.2x
StepStone Group	$5.5B	5.2x	11.8x
Cofinimmo	$5.3B	12.7x	16.0x
Victory Capital Holdings	$5.3B	4.0x	7.9x
Greencoat UK Wind	$5.2B	-28.7x	n/a
Corporacion Financiera	$5.2B	n/a	n/a
3i Infrastructure	$5.2B	n/a	n/a
Compagnie du Cambodge	$5.2B	n/a	n/a
Harel Group	$5.1B	1.1x	n/a
Capital Financial	$5.1B	n/a	n/a
Janus Henderson	$5.1B	1.8x	6.0x
Julius Baer	$4.8B	1.0x	n/a
Argo Investments	$4.7B	n/a	n/a
General De Galerías	$4.6B	n/a	n/a
RIT Capital Partners	$4.6B	n/a	n/a
E-L Financial	$4.5B	n/a	n/a
Discount Investment Corp	$4.5B	n/a	n/a
Cenergy Holdings	$4.4B	1.8x	11.1x
Israel Corp	$4.3B	n/a	n/a
Inversiones La Construcción	$4.2B	1.3x	n/a
Burford Capital	$4.2B	9.7x	n/a
Okasan Securities	$4.2B	8.0x	n/a
Argan	$4.1B	16.7x	17.9x
Man Group	$4.0B	3.2x	10.2x
Federated Hermes	$3.9B	2.2x	7.3x
Tata Investment	$3.9B	n/a	n/a
Mandatum	$3.7B	11.3x	16.8x
Brederode	$3.7B	n/a	n/a
GQG Partners	$3.6B	4.4x	5.8x
Bridgepoint Group	$3.6B	4.7x	9.4x
Xior Student Housing	$3.5B	16.8x	21.7x
Eurocommercial Props	$3.5B	12.7x	16.4x
AllianceBernstein	$3.5B	1.0x	2.9x
Ag Anadolu Grubu Holding	$3.4B	0.2x	2.0x
Montea	$3.4B	20.7x	21.5x
Prodea Real Estate	$3.4B	n/a	n/a
EdelweissFin	$3.3B	n/a	n/a
Storskogen Group	$3.3B	0.9x	7.2x
Cohen & Steers	$3.3B	5.9x	17.6x
Sociedad de Inversiones	$3.2B	n/a	n/a
Prospect Capital	$3.2B	4.8x	n/a
Virtus Investment Partners	$3.2B	4.1x	11.9x
HgCapital	$3.1B	n/a	n/a
Artisan Partners	$3.0B	2.6x	7.4x
MidCap Financial	$2.9B	9.2x	n/a
Roko AB	$2.9B	4.2x	17.9x
SSI Securities	$2.9B	7.0x	12.3x
Peugeot Invest	$2.9B	n/a	n/a
Patria Investments	$2.9B	7.9x	14.5x
Kinnevik	$2.8B	176.6x	-82.8x
Norte Grande	$2.8B	n/a	n/a
JM Financial	$2.8B	n/a	n/a
Hanwha Investment	$2.8B	n/a	n/a
Pinnacle Investment Mgmt	$2.8B	55.8x	26.0x
New Mountain Finance	$2.7B	8.3x	n/a
Isras Investments	$2.7B	n/a	n/a
Mercialys	$2.7B	12.9x	15.2x
Sprott	$2.7B	12.2x	23.6x
Moncey (Fin) Nom	$2.7B	n/a	n/a
Oaktree Specialty Lending	$2.6B	8.4x	8.3x
Frey	$2.4B	9.5x	16.7x
Tamburi Inv Partners	$2.4B	950.4x	-121.5x
Capital Southwest	$2.4B	10.5x	n/a
GIMV	$2.3B	n/a	n/a
Old Mutual	$2.3B	0.7x	n/a
Wereldhave	$2.3B	11.3x	14.3x
Lapidoth Capital	$2.3B	n/a	n/a
AFP Cuprum	$2.3B	n/a	n/a
Carlyle Secured Lending	$2.2B	8.7x	8.6x
Anima Holding	$2.2B	3.7x	5.4x
Retail Estates	$2.2B	12.7x	15.9x
WisdomTree	$2.1B	4.4x	11.7x
Infortar	$2.1B	n/a	n/a
HBM Healthcare Inv	$2.0B	40.2x	141.0x
Acadian Asset Management	$2.0B	3.6x	11.0x
Perpetual	$2.0B	2.2x	7.4x
Vivenio Residencial	$2.0B	n/a	n/a
MFF Capital Inv	$2.0B	n/a	n/a
Antin Infrastructure	$2.0B	5.8x	10.9x
Isras Holdings	$2.0B	n/a	n/a
St James's Place	$2.0B	1.8x	3.3x
PSG Financial Services	$1.9B	n/a	n/a
Oxford Lane Capital	$1.9B	3.9x	n/a
Bure Equity	$1.9B	n/a	n/a
Testa Residencial Socimi	$1.9B	n/a	n/a
Waha Capital	$1.9B	n/a	n/a
Ral Yatirim Holding	$1.9B	n/a	n/a
Administradora de Fondos	$1.8B	n/a	n/a
Mutares	$1.8B	0.2x	3.1x
Administradora de Fondos	$1.7B	n/a	n/a
L1 Long Short Fund	$1.7B	n/a	n/a
Deterra Royalties	$1.7B	10.1x	10.8x
Global Yatirim Holding	$1.7B	n/a	n/a
Montepino Logística	$1.7B	n/a	n/a
Metrics Master Income	$1.6B	n/a	n/a
Ufuk Yatirim Yonetim	$1.6B	n/a	n/a
P10	$1.5B	5.1x	13.0x
BlackRock TCP Cap	$1.5B	7.5x	n/a
Luxempart	$1.5B	n/a	n/a
Oakley Capital	$1.5B	n/a	n/a
Bradespar	$1.5B	4.8x	5.0x
Generation Dev Gr	$1.5B	13.5x	41.9x
Shin Young Securities	$1.5B	n/a	n/a
Cymbria	$1.4B	n/a	n/a
InvestCo Holding	$1.4B	n/a	n/a
WAM Capital	$1.4B	n/a	n/a
Crescent Capital BDC	$1.4B	8.4x	n/a
IntegraFin	$1.4B	6.4x	14.9x
Borusan Yatirim Pazarlama	$1.4B	n/a	n/a
Nextensa	$1.3B	11.5x	21.1x
Investcorp Capital	$1.3B	11.0x	10.9x
Alarko Holding	$1.3B	n/a	n/a
ALTAMIR	$1.3B	23.6x	32.1x
WAM Leaders	$1.2B	n/a	n/a
İş Yatırım	$1.2B	n/a	n/a
Fidus Investment	$1.2B	8.1x	n/a
Care Property Invest	$1.2B	14.3x	16.7x
Eagle Point Credit Co	$1.2B	6.0x	47.3x
Chapters Group	$1.2B	5.5x	26.6x
Molten Ventures	$1.2B	7.5x	10.2x
Navigo Invest	$1.2B	n/a	n/a
Vastned	$1.2B	14.6x	15.0x
Guardian Capital	$1.2B	n/a	n/a
Novavest Real Estate	$1.2B	22.0x	23.7x
Mogan Enerji Yatirim	$1.1B	3.8x	7.0x
Viel	$1.1B	n/a	n/a
Gladstone Inv	$1.1B	11.2x	n/a
Value Grupo Financiero	$1.1B	n/a	n/a
Creades	$1.1B	n/a	n/a
Wereldhave	$1.1B	12.4x	n/a
Magellan Financial Group	$1.0B	5.4x	8.2x
GCM Grosvenor	$1.0B	1.9x	4.5x
NB Private Equity Partners	$1.0B	n/a	n/a
Tortoise Energy Infr	$1.0B	n/a	n/a
Amanat	$1.0B	n/a	n/a
PM Capital Global Opps	$1.0B	n/a	n/a
Fiera Capital	$994M	2.0x	7.0x
Fidere Patrimonio Socimi	$990M	n/a	n/a
Eurohold Bulgaria	$989M	n/a	n/a
Navigator Global Inv	$963M	4.8x	8.7x
Australian United	$953M	n/a	n/a
BKI Investment Co	$944M	n/a	n/a
Renta 4	$931M	n/a	n/a
Forestal Constructora	$926M	n/a	n/a
Home Invest Belgium	$906M	21.8x	25.9x
Patrimoine et	$903M	n/a	n/a
Chrysalis Investments	$880M	97.8x	n/a
IP Group	$875M	116.1x	-78.9x
Gladstone Cap	$868M	9.5x	n/a
Regal Partners	$855M	3.8x	7.4x
Atom Hoteles Socimi	$830M	n/a	n/a
NSI	$829M	10.5x	14.1x
VinaCapital	$819M	n/a	n/a
Gryphon Capital IT	$807M	n/a	n/a
Vitura	$795M	n/a	n/a
Syncona	$792M	8.8x	4.1x
Immobiliere Dassault	$770M	n/a	n/a
Arendals Fossekompani	$769M	n/a	n/a
Diversified United	$768M	n/a	n/a
Deutsche Beteiligungs	$763M	8.7x	22.5x
Ascencio	$760M	12.0x	14.6x
Lydia Holding	$752M	n/a	n/a
Flat Capital	$749M	n/a	n/a
Plato Income Maximiser	$745M	n/a	n/a
AFP Capital	$741M	n/a	n/a
Trastor Real Estate	$731M	n/a	n/a
Eczacibasi Yatirim	$720M	n/a	n/a
Horizon Tech Finance	$718M	8.2x	n/a
RTW Biotech Opportunities	$705M	n/a	n/a
Clairvest Group	$703M	n/a	n/a
Vinci Partners	$693M	4.3x	13.6x
Svolder	$682M	n/a	n/a
Qualitas Real Estate	$660M	12.2x	14.7x
Lafinca Global Assets	$659M	n/a	n/a
Bosqar	$658M	n/a	n/a
Deutsche Konsum REIT	$653M	n/a	n/a
Senvest Capital	$651M	n/a	n/a
Qualitas	$648M	7.9x	15.8x
IDI SCA	$645M	16.6x	411.2x
Compagnie du Bois Sauvage	$644M	n/a	n/a
Ashmore Group	$639M	3.3x	9.4x
TINC	$638M	n/a	n/a
Spiltan Invest	$622M	n/a	n/a
Carlton Investments	$613M	n/a	n/a
Noor Investment	$599M	n/a	n/a
AFP Planvital	$586M	n/a	n/a
Investment AB Oresund	$579M	n/a	n/a
Millenium Hospitality	$567M	18.7x	32.4x
Djerriwarrh Investments	$564M	n/a	n/a
WAM Global	$552M	n/a	n/a
BNY Mellon Strategic	$538M	n/a	n/a
Trade Estates Real Estate	$529M	9.1x	14.1x
Kuyas Yatrim	$528M	n/a	n/a
eQ	$512M	7.4x	15.1x
Proteccion	$507M	n/a	n/a
Kinea High Yield Cri	$507M	n/a	n/a
MCI Capital	$507M	n/a	n/a
abrdn Life Sciences	$496M	n/a	n/a
Idun Industrier	$496M	2.0x	12.7x
Karnell Group	$496M	2.7x	14.3x
Ban Group Holding	$496M	2.8x	10.3x
Bleecker	$495M	n/a	n/a
Immobiliare Grande	$493M	3.0x	4.0x
Calamos L/S Equity	$486M	n/a	n/a
WhiteHorse Finance	$484M	6.7x	6.7x
Polar Capital Holdings	$481M	1.5x	4.7x
Ophir High Conviction	$480M	n/a	n/a
Mirrabooka Investments	$476M	n/a	n/a
Hearts And Minds Inv	$468M	n/a	n/a
Verusa Holding	$468M	n/a	n/a
CapMan	$461M	6.5x	13.7x
International Biotechnology Trust	$456M	n/a	n/a
Aurelius Equity Opps	$448M	n/a	n/a
Whitefield Industrials	$442M	n/a	n/a
Brockhaus Technologies	$441M	1.7x	8.1x
SBI Global Asset Management	$435M	5.9x	n/a
Metrics Income Opps Tr	$428M	n/a	n/a
Barings Corporate Invts	$426M	n/a	n/a
Diamond Hill Investment	$425M	n/a	n/a
Holding Bursatil	$422M	n/a	n/a
Boston Omaha	$422M	3.7x	19.7x
RMR Gr	$418M	0.6x	5.2x
Future Generation Global	$418M	n/a	n/a
Traction	$414M	n/a	n/a
Olimpo Real Estate SOCIMI	$402M	n/a	n/a
Destiny Tech100	$392M	n/a	n/a
All Iron Re I Socimi	$388M	n/a	n/a
Administradora Americana	$387M	n/a	n/a
VNV Global	$386M	n/a	n/a
ABC arbitrage	$386M	5.1x	11.0x
Blackrock Muniyield NY	$383M	n/a	n/a
SCBSM	$383M	n/a	n/a
Literacy Capital	$370M	n/a	n/a
Fondul Proprietatea	$369M	n/a	n/a
Future Generation	$366M	n/a	n/a
Australian Ethical Inv	$366M	4.6x	16.1x
Kinea Hedge Fund Fundo	$353M	n/a	n/a
Invalda INVL	$353M	n/a	n/a
Monroe Cap	$347M	9.2x	n/a
Warehouses Estates	$346M	11.6x	15.9x
Vitruvio Real Estate	$332M	18.1x	31.3x
Pembroke VCT	$332M	n/a	n/a
Hsi Malls Fundo	$328M	n/a	n/a
Longshield Investment	$327M	n/a	n/a
Perpetual Equity	$327M	n/a	n/a
Samara Asset Group	$323M	n/a	n/a
SHUAA Capital	$321M	n/a	n/a
Diamond Biofund	$321M	n/a	n/a
Elanor Investors	$320M	n/a	n/a
Sygnia Ltd	$317M	n/a	n/a
WAM Microcap	$315M	n/a	n/a
Budapest Ingatlan	$312M	n/a	n/a
SuRo Capital	$310M	231.2x	n/a
OFS Capital	$303M	6.9x	n/a
BriQ Properties	$300M	11.9x	14.6x
Innventure	$300M	94.0x	n/a
WCM Global Growth	$299M	n/a	n/a
Argo Global Listed Infr	$299M	n/a	n/a
Cie Lebon	$299M	1.8x	11.6x
Great Elm Capital	$298M	5.9x	n/a
Oxford Square Cap	$297M	7.4x	n/a
Moneda Renta Variable	$296M	n/a	n/a
ISC Freshwater Investment	$295M	n/a	n/a
GIEAG	$295M	n/a	n/a
Alantra Partners	$285M	n/a	1.2x
United Capital PLC	$281M	n/a	n/a
Gedik Yatırım	$275M	n/a	n/a
Inversiones Siemel	$271M	n/a	n/a
Catella	$269M	1.3x	6.9x
Pengana Private Equity	$268M	n/a	n/a
Kingfish	$263M	n/a	n/a
Atland	$263M	n/a	n/a
Vinci Gestora de Recursos	$261M	n/a	n/a
CVC	$260M	n/a	n/a
Adriano Care Socimi	$257M	n/a	n/a
VEF	$255M	n/a	n/a
Chicago Atlantic BDC	$247M	4.5x	n/a
Qrf	$246M	16.1x	21.9x
Pacific Current Group	$243M	79.5x	15.1x
United Bankers	$243M	n/a	n/a
Tander Inversiones Socimi	$243M	n/a	n/a
SBF Bostad	$238M	n/a	n/a
PhenixFIN	$237M	9.6x	n/a
Dogan Sirketler Grubu	$237M	0.1x	1.4x
ArrowMark Financial	$236M	n/a	n/a
SWK Holdings	$231M	n/a	n/a
Taaleri	$231M	3.3x	n/a
Torimbia Socimi	$230M	n/a	n/a
Indexa Capital Group	$229M	n/a	n/a
Pengana International	$226M	n/a	n/a
City of London Investment Group	$221M	3.1x	7.2x
AMCIL	$216M	n/a	n/a
Grupa Kapitalowa IMMOBILE	$215M	n/a	n/a
Private Equity Holding	$212M	n/a	n/a
Meridia Real Estate III	$209M	n/a	n/a
Augmentum Fintech	$206M	n/a	n/a
Ble Kedros REIC	$205M	n/a	n/a
Ellington Credit	$203M	4.4x	n/a
Staude Cap Glb Value Fd	$192M	n/a	n/a
GOP Properties Socimi	$190M	n/a	n/a
Bitcoin Group	$184M	n/a	n/a
Cadence Capital	$182M	n/a	n/a
MPC Muenchmeyer Petersen	$182M	3.4x	12.4x
DeFi Technologies	$181M	1.7x	4.0x
WAM Research	$177M	n/a	n/a
Inversiones Doalca Socimi	$177M	n/a	n/a
Heliad	$174M	n/a	n/a
Investcorp Credit	$167M	9.6x	n/a
LAIQON	$157M	3.7x	178.2x
Serrano 61 Desarrollo	$157M	n/a	n/a
Waton Financial	$152M	n/a	n/a
Gowing Bros	$150M	n/a	n/a
Azaria Rental Socimi	$148M	n/a	n/a
Alexandria Group	$147M	n/a	n/a
IBI Lion Socimi	$145M	n/a	n/a
Sila Holding	$142M	n/a	n/a
Paref	$142M	n/a	n/a
Netfonds	$140M	2.2x	9.4x
Bellevue Gr	$140M	n/a	n/a
OFS Credit Co	$140M	2.9x	n/a
WAM Strategic Value	$139M	n/a	n/a
Entrecampos Cuatro Socimi	$139M	n/a	n/a
WAM Alternative Assets	$136M	n/a	n/a
Westwood Holdings Gr	$134M	n/a	n/a
Veracruz Props Socimi	$133M	n/a	n/a
Quercus TFI	$133M	n/a	n/a
Inversa Prime Socimi	$130M	54.8x	-192.1x
Companhia de	$129M	n/a	n/a
Virtus Glb Multi-Sector	$128M	n/a	n/a
Barramundi	$128M	n/a	n/a
Tribeca Glb Natural	$128M	n/a	n/a
Arbona	$127M	n/a	n/a
Bailador Tech Inv	$124M	n/a	n/a
Hispanotels Inversiones	$123M	n/a	n/a
Marlin Global	$122M	n/a	n/a
Holding Nov Vek	$121M	n/a	n/a
MPH Health Care	$117M	4.3x	-1.3x
Sandon Capital Inv	$116M	n/a	n/a
Fair Value REIT	$115M	n/a	n/a
Spheria Emerging Co	$111M	n/a	n/a
Silvercrest Asset Mgmt Gr	$110M	0.9x	5.0x
Wiener Privatbank	$109M	n/a	n/a
Blue Cap	$108M	0.7x	4.4x
Ryder Capital	$106M	n/a	n/a
360 Capital Gr	$105M	n/a	n/a
Cypress Holdings Co	$104M	1.4x	n/a
PEARL DIVER CREDIT CO	$104M	n/a	n/a
Advero Properties	$103M	n/a	n/a
Mangold	$102M	n/a	n/a
Mexedia	$99.7M	0.4x	-19.8x
Lion Selection Group	$97.3M	n/a	n/a
Alpine Select	$97.2M	n/a	n/a
Phoenix Vega Mezz	$93.3M	n/a	n/a
AP67 Socimi	$91.7M	n/a	n/a
Arrienda Rental Props	$90.3M	n/a	n/a
Clime Capital	$89.5M	n/a	n/a
Quest for Growth	$89.2M	0.5x	1.1x
Papirfabrikken Invest	$88.7M	n/a	n/a
Arvo	$86.6M	n/a	n/a
Hilbert Group	$86.3M	n/a	n/a
TMT Investments	$82.9M	n/a	n/a
Trajano Iberia SOCIMI	$81.5M	n/a	n/a
Finexia Financial Group	$79.7M	n/a	n/a
Next Re SIIQ	$78.4M	n/a	n/a
Thorney Opportunities	$77.6M	n/a	n/a
Titanium	$77.3M	3.3x	n/a
RedFish LongTerm Capital	$76.3M	n/a	n/a
Milepro Logistica De	$74.5M	n/a	n/a
Valartis Group	$74.0M	n/a	n/a
Value8	$73.4M	n/a	n/a
Case Group	$73.4M	n/a	n/a
Home Capital Rentals	$70.3M	n/a	n/a
VBARE Iberian Properties	$67.8M	n/a	n/a
Nebag	$67.5M	n/a	n/a
Advance Terrafund	$66.9M	n/a	n/a
Strategic Investments	$66.2M	n/a	n/a
Crypto Blockchain	$65.7M	n/a	n/a
Bulgarian Real Estate Fd	$65.6M	n/a	n/a
Stockwik Forvaltning	$65.4M	0.7x	6.2x
Binah Capital Group	$64.7M	n/a	n/a
Ktesios Real Estate	$64.3M	n/a	n/a
Seafire	$64.0M	0.6x	7.7x
Monteiro Aranha	$63.8M	n/a	n/a
Sopharma Properties	$62.2M	n/a	n/a
CaliberCos	$61.3M	4.0x	-18.9x
Cube Labs	$61.0M	n/a	n/a
Smart Capital	$60.9M	n/a	n/a
Springvest	$60.8M	n/a	n/a
Numulae Gestion De	$56.8M	n/a	n/a
Skogsfond Baltikum	$55.9M	n/a	n/a
INVL Technology	$54.5M	n/a	n/a
Quonia SOCIMI	$53.0M	n/a	n/a
Capsensixx	$51.8M	n/a	n/a
AdCapital	$51.3M	n/a	n/a
Inbest Prime VI Inmuebles	$48.2M	n/a	n/a
NAXS	$47.2M	n/a	n/a
Coeli Fastighet	$46.8M	n/a	n/a
Hennessy Advisors	$45.2M	n/a	n/a
Inmobiliaria Park Rose	$43.7M	n/a	n/a
Heidelberger	$43.1M	n/a	n/a
Sever Holding	$42.9M	n/a	n/a
Immo Moury	$42.6M	n/a	n/a
Acanthe Developpement	$42.5M	n/a	n/a
Castle Private Equity	$41.5M	n/a	n/a
FairPlay Props REIT	$41.0M	n/a	n/a
Aktiv Props REIT	$40.8M	n/a	n/a
Greenoak Spain Hldgs	$40.7M	n/a	n/a
Eprolius Ingatlan Zartkor	$39.4M	n/a	n/a
Galaxy Cosmos Mezz	$39.4M	n/a	n/a
Garpco	$38.5M	n/a	n/a
Noah Holdings	$37.8M	0.1x	0.4x
Prime ASI	$37.5M	n/a	n/a
Zest	$37.1M	3.5x	-45.4x
IPAS Indexo	$36.8M	n/a	n/a
Saga Pure	$34.9M	n/a	n/a
Rand Capital	$34.5M	n/a	n/a
Nextpoint Capital Socimi	$34.2M	n/a	n/a
Tk Hold	$33.6M	n/a	n/a
WT Financial Group	$31.7M	n/a	n/a
CENTURION FINANCE	$31.4M	n/a	n/a
Heritage Global	$30.9M	0.6x	3.9x
Audacia	$30.7M	1.9x	13.2x
RCM Beteiligungs	$30.6M	n/a	n/a
Enrys Island SpA Societa	$30.2M	n/a	n/a
H-Farm	$29.7M	n/a	n/a
Renewable Ventures Nordic	$29.6M	n/a	n/a
Black Oak Investments	$28.4M	n/a	n/a
Sinergon Holding	$27.5M	n/a	n/a
Accentis	$27.2M	n/a	n/a
Elaia Investment Spain	$26.2M	n/a	n/a
Innovative-RFK	$24.5M	n/a	n/a
PEH Wertpapier	$24.3M	n/a	n/a
Verianos	$24.0M	n/a	n/a
Palmboomen Cultuur	$22.9M	n/a	n/a
Hermana Holding	$21.9M	n/a	n/a
CNI Nordic 5	$20.1M	n/a	n/a
Mennica Skarbowa	$19.4M	n/a	n/a
Severcoop Gamza Holding	$19.3M	n/a	n/a
Navigator Investments	$18.5M	n/a	n/a
Consensus Asset Mgmt	$18.3M	n/a	n/a
STRT Holding	$18.0M	n/a	n/a
North Energy	$18.0M	n/a	n/a
Copernico Sim	$17.6M	n/a	n/a
Skarbiec Holding	$17.3M	n/a	n/a
Intercapital Prop Dev	$17.3M	n/a	n/a
Inbest Prime VII	$17.1M	n/a	n/a
Tarjar Xairo SOCIMI	$17.1M	n/a	n/a
Bulgarian Private Equity	$16.0M	n/a	n/a
Vo2 Cap Holding	$15.9M	0.5x	4.1x
Consulting Team Holding	$15.7M	n/a	n/a
Flexdeal Simfe	$15.2M	n/a	n/a
MFG Invest AD	$13.8M	n/a	n/a
VF Alternative	$13.0M	n/a	n/a
Fund Estates REIT	$12.7M	n/a	n/a
Altech Advanced Mat	$12.5M	n/a	n/a
Futures Capital	$12.4M	n/a	n/a
Unfold.vc ASI	$12.1M	n/a	n/a
Yuxing InfoTech	$10.8M	n/a	n/a
Caspar Asset Management	$10.8M	n/a	n/a
Rigsave	$10.7M	3.5x	15.3x
Det Ostasiatiske Kompagni	$10.2M	n/a	n/a
Bul Land Inv Re	$8.4M	n/a	n/a
Grempco	$8.1M	n/a	n/a
First Venture Sweden	$8.0M	n/a	n/a
Marna Beteiligungen	$7.9M	n/a	n/a
Havsfrun Investment	$7.7M	n/a	n/a
Alta	$7.6M	n/a	n/a
Wise Energy	$7.5M	n/a	n/a
Black Pearl	$6.9M	n/a	n/a
Katalysen Ventures	$6.7M	n/a	n/a
Alliance Developpement	$6.4M	n/a	n/a
Webrock Ventures	$6.1M	n/a	n/a
Domo Activos	$5.8M	n/a	n/a
CR Energy	$5.3M	n/a	n/a
Electricite Eaux	$5.2M	n/a	n/a
Front Ventures	$5.1M	n/a	n/a
Effnetplattformen Holding	$5.1M	n/a	n/a
Magna Polonia	$5.0M	n/a	n/a
Murphy & Spitz Green	$4.6M	n/a	n/a
EEII	$4.3M	n/a	n/a
Panamax New Energy	$4.2M	n/a	n/a
Cardeon	$3.8M	5.4x	n/a
Vastra Hamnen Corporate	$3.6M	n/a	n/a
Mit Sim	$3.0M	n/a	n/a
Dividend Sweden	$3.0M	n/a	n/a
Magenta Investments	$2.9M	n/a	n/a
Bestbe	$2.9M	n/a	n/a
I Love Lund	$2.8M	n/a	n/a
Imperio Asi	$2.7M	n/a	n/a
Newcap Holding	$2.6M	n/a	n/a
CrowdFundMe	$2.4M	1.2x	-20.8x
GO Towarzystwo Funduszy	$2.4M	n/a	n/a
Veltarion	$2.0M	n/a	n/a
NanoCap Group	$1.9M	n/a	n/a
KS Nalozbe	$1.8M	n/a	n/a
ABS Investment ASI	$1.1M	n/a	n/a
FX International	$1.1M	n/a	n/a
CIABRASF	$1.0M	n/a	n/a
MTI Investment	$1.0M	n/a	n/a
Upgrade Invest Nordic	$0.9M	n/a	n/a
Abelco Investment Group	$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	$0.6M	n/a	n/a
Sino-German United	-$0.2M	n/a	n/a
Camerit	-$0.4M	n/a	n/a
Carpathia Capital	-$0.9M	n/a	n/a
Webit Investment Network	-$1.8M	n/a	n/a
Hawick Data	-$2.4M	n/a	n/a
Altus	-$8.2M	n/a	n/a
Alpha Investments	-$8.4M	n/a	n/a
Transilvania Investments	-$42.8M	n/a	n/a
Kuwait Investment Company	-$48.0M	n/a	n/a
Schroders	-$73.1M	-0.0x	-0.1x
Evergent Investments	-$109M	n/a	n/a
Demetra Hldgs	-$132M	n/a	n/a
IPOPEMA Securities	-$142M	n/a	n/a
Kyobo Securities	-$469M	n/a	n/a
Infinity Capital Inv	-$532M	n/a	n/a
CoinShares	-$569M	-4.5x	n/a
CICC	-$2.1B	-0.5x	n/a
Migdal Group	-$3.8B	n/a	n/a
SDIC Capital	-$9.0B	-4.0x	n/a
Challenger	-$11.8B	-17.6x	-25.7x
Ninety One	-$15.1B	n/a	n/a
Apollo Asset Management	-$147B	-7.6x	-23.7x