Discover more about S&P Global's offerings
Customer Logins
Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Customer LoginsReceive accurate, institutional quality benchmark data to make better informed investment decisions.
Latest News
- Podcast: Private Markets 360 | Episode 6: Benchmarking private investment performance.
- 2023 Q4 Private Credit, Venture Capital, Private Equity, and Real Estate reports are available now.
- Cash Flows for headline indices are available via digital feed – inquire here.
For even the most sophisticated investors, measuring private investment performance can be challenging. Accurate performance metrics are therefore crucial to making your investment decisions. You need institutional quality benchmarks that you can trust.
In collaboration with Cambridge Associates, we provide high-quality aggregate fund-level performance information to help you select fund managers, monitor performance, manage risk and identify investment opportunities.
Sourced directly from fund managers quarterly financial statements – Cambridge Associates Benchmarks are considered the industry standard for private equity, venture capital, real estate and private credit, offering:
- Coverage across various fund sizes, stages, sectors, and regions
- A complete suite of IRRs and by vintage returns
- Performance history on 2,400+ fund managers and 9,500+ funds
- Available via digital feed and our online store
Download our brochure for an overview of our index families and new digital offering.
Direct access to quarterly Private Investment Benchmarks available now via digital feed
Licensees gain more coverage, regions, vintages, data and insights across index families
Key benefits
Investment Experience
Benchmarks are built for investors by investors incorporating four decades of experience investing in private capital markets.
Data source
Benchmarks based on financial statements sourced directly from investment fund managers.
Breadth of data
Complete performance history from 2,400+ fund managers and 9,500+ funds.
Depth of Data
All major fund asset classes, strategies and geographies dating back as early as the 1980s.
Accuracy
Manager-reported performance numbers independently verified.
Benchmark calculations
Benchmark performance calculated on since inception history of quarterly cash flows and NAVs for each fund.
Industry Standard
For over two decades, the most trusted and widely adopted benchmarks for investors in private markets.
Representativeness
Indices calculated using institutional quality funds, defined as closed-ended, commingled funds that invest third party capital.
Understand the difference between the Online Store and Digital Feed
|
| |||||
---|---|---|---|---|---|---|
Internal and individual | Use case | Benchmarking, performance reporting, fundraising and marketing | ||||
Six legacy benchmark reports formerly available on Cambridge Associates website | Product Offering | Five new index families that include all standard Cambridge Associates benchmarks, legacy benchmark reports and additional data fields | ||||
No1 | Preliminary Data | Yes2 | ||||
View Only | File Type | CSV (Excel) | ||||
Quarterly | Frequency | Quarterly + preliminary2 | ||||
USD | Calculated Currencies | 24 currencies | ||||
WebViewer | Delivery | SFTP | ||||
Per User (up to 5 devices) | License Type | Enterprise | ||||
Credit card (per report) | Billing | Invoice (annual) | ||||
No | Custom Indices | Yes |
1Single 1-quarter IRR update available once per quarter after 50% of the prior quarter's number of funds and ending NAV report.
2Daily updates of full suite of data after 50% of the prior quarter's number of funds and ending NAV report.
Explore the most recent Private Investment Benchmark Reports available
Global Private Equity
The index is calculated based on data compiled from 2,805 private equity funds, including fully liquidated partnerships, formed between 1986 and 2023.
Learn More >
U.S. Private Equity (Legacy Definition)
The index is calculated based on data compiled from 1,974 funds, including fully liquidated partnerships, formed between 1986 and 2023.
Learn More >
U.S. Venture Capital
The index is calculated based on data compiled from 2,483 U.S. venture capital funds, including fully liquidated partnerships, formed between 1981 and 2023.
Learn More >
Ex U.S. Private Equity and Venture Capital
The indices are calculated based on data compiled from 1,115 ex U.S. private equity & venture capital funds, including fully liquidated partnerships, formed between 1986 and 2023.
Learn More >
Real Estate
The index is calculated based on data compiled from 1,369 funds, including fully liquidated partnerships, formed between 1986 and 2022.
Learn More >
Australia Private Equity and Venture Capital
The index is calculated based on data compiled from 122 Australia private equity & venture capital funds, including fully liquidated partnerships, formed between 1997 and 2022.
Learn More >
Private Credit Report
The index is calculated based on data compiled from 655 Private Credit report funds, formed between 1986 and 2023.
Learn More >
Be the first to access quarterly Private Investment Benchmarks
Sign up to receive updates via email
Now Available: 2023 Q3 Preliminary Returns
Preliminary 1-quarter IRR calculations are available for all ecommerce benchmarks when at least 50% of active funds and prior period's NAVs have updated. All returns are calculated in U.S. dollars unless otherwise noted.
Related products
Indices
Secure a broad suite of independent benchmark and tradable indices across multiple asset classes, including fixed income, equities and structured products.
Private Market Solutions
We bring unique innovations to private markets operations through unparalleled data capabilities and a powerful technology platform, backed by an experienced team of industry specialists.
Private Equity and Debt Fair Value Services
Independent valuation fair value service; venture capital, private equity, private debt for general partners, asset management funds and institutional investors.
Learn more about Private Investment Benchmarks
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fstage.www.spglobal.com%2fspdji%2fen%2findices%2fproducts%2fprivate-investment-benchmarks.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fstage.www.spglobal.com%2fspdji%2fen%2findices%2fproducts%2fprivate-investment-benchmarks.html&text=Private+Investment+Benchmarks+%7c+S%26P+Global","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fstage.www.spglobal.com%2fspdji%2fen%2findices%2fproducts%2fprivate-investment-benchmarks.html","enabled":true},{"name":"email","url":"?subject=Private Investment Benchmarks | S&P Global&body=http%3a%2f%2fstage.www.spglobal.com%2fspdji%2fen%2findices%2fproducts%2fprivate-investment-benchmarks.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Private+Investment+Benchmarks+%7c+S%26P+Global http%3a%2f%2fstage.www.spglobal.com%2fspdji%2fen%2findices%2fproducts%2fprivate-investment-benchmarks.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}