Overview: 11
Private Markets

Private Markets

S&P Global gives investors a 360° view of the private markets with the insights, access, data, and technology they need to make informed decisions. The combination of best-in-class ratings, data, powerful portfolio analytics software, expert services, and deep market knowledge helps clients gain an edge.

Private markets AUM reached nearly $12 trillion in 2024

Dry Powder and Assets Under Management

(dollars in billions)

'19
'20
'21
'22
'23
'24
Unrealized Value
$4,234
$5,605
$7,828
$7,916
$8,656
$8,911
Dry Powder
$2,329
$2,658
$2,880
$2,948
$3,137
$2,823

Source:  Preqin Ltd.

How we help private markets participants

Ratings
  • Provide independent opinions on creditworthiness through public and private ratings across asset classes—including private debt, alternative investment funds, NAV and subscription-line facilities, and data center projects—to enable greater transparency on risk in private markets
Fundraising and Investor Relations
  • Perform targeted investor outreach with limited partner (LP) contact details, data on allocation preferences, and fund performance benchmarks. Streamline reporting to LPs with tools that access important data quickly
Investment Sourcing
  • Identify and perform diligence on investment opportunities using high-quality differentiated data on private companies, transactions, funds, and more  
Portfolio Management 
  • Centralize data and simplify portfolio management with innovative technology and complementary services built for all types of private assets, including private equity, venture capital, and private credit
Data Collection and Analysis
  • Automate the collection of financial and operational data to eliminate manual data entry. Solve challenges related to data-intensive workflows with advanced data management solutions
Valuation and Reporting
  • Get reliable intelligence on the value of your private asset portfolio, meet reporting and audit obligations, and optimize investment exits with trusted valuation solutions

Extending Footprint in Private Markets

Launch of iLEVEL Peer Comparables
  • In June 2024, S&P Global Market Intelligence launched iLEVEL Peer Comparables, a new module that provides at-a-glance access to public company financial data in iLEVEL, the flagship portfolio management solution for private markets investors. The product addition enhances key analytical workflows across iLEVEL and S&P Capital IQ Pro. 
Launch of Headcount Analytics Dataset 
  • The new Headcount Analytics data offering provides deep insights into private company growth to help private markets investors track trends and identify firms of interest. The dataset includes detailed metrics such as employee headcount and hiring trends by role and level, with coverage of more than 4.4 million firms globally and history from 2010.

View the dataset on the S&P Global Marketplace 

S&P Global serves the private markets with differentiated data, technology, and services:

Insights on investment opportunities and market trends 
Access to best-in-class data and expert services

 

Technology to automate and accelerate data acquisition, ingestion, and analysis

53M+

private companies


14M

private companies with fundamentals


290+

topic tags to identify active players in niche markets


3,600+

private company ratings and estimates



450+

clients globally served through private valuation services


260K+

institutional investor contacts in Money Market Directories (MMD)



700+

clients using iLEVEL for portfolio monitoring


19M+

data points captured from funds and portfolio companies annually


99.93%

accuracy in processing of asset-level financials on behalf of clients


S&P Global provides an interconnected ecosystem of data and software, helping all aspects of private capital flows